Company: DLO
Filing Date: 2025-09-04
Form Type: 424B3
Source: 0000950103-25-011286
Chunk: 9

Company: dLocal Ltd
Filing Date: 2025-09-04
Form: 424B3
Chunk 9
---
 Statements and FY24 Financial 
 Statements.                                                                                                                              |

| (2) | Changes in working capital (merchant) consists of (i) changes in the period in the balance of trade receivables net (disclosed in          
 note 17 to our 2Q25 Financial Statements and note 16 to our FY24 Financial Statements), plus (ii) changes in the period in the balance     
 of trade payables (disclosed in note 20 to our 2Q25 Financial Statements and note 21 to our FY24 Financial Statements), plus (iii) changes 
 in in the period in the balance of other tax liabilities (disclosed in note 21 to our 2Q25 Financial Statements and note 23 to our FY24    
 Financial Statements).                                                                                                                     |

| (3) | Capital expenditures consist of Acquisitions of property, plant and equipment and additions of intangible assets, as per the statements 
 of cash flows included in our 2Q25 Financial Statements and FY24 Financial Statements.                                                  |

<div align='center'>S-vi

Summary</div>

This summary highlights information contained elsewhere or incorporated by reference in this prospectus supplement and the accompanying prospectus. This summary may not contain all the information that may be important to you and we urge you to read this entire prospectus supplement, the accompanying prospectus and the documents incorporated by reference therein and herein carefully, including the section “Risk Factors—Risks Relating to Our Business and Industry” in the 2024 Form 20-F; our audited consolidated financial statements as of December 31, 2024, and 2023, and for the years ended December 31, 2024, 2023, and 2022 and related notes; and our unaudited consolidated condensed interim financial statements as of June 30, 2025 and for the six-month and three-month periods ended June 30, 2025 and 2024 and related notes, all of which are incorporated by reference in this prospectus supplement, before deciding to invest in our Class A common shares.

Our Mission

Our mission is to enable global merchants to connect
seamlessly with billions of emerging market users.

Overview

dLocal is focused on simplifying and redefining the online payments experience in emerging markets. Through one API, one technology platform, and one contract, which we collectively refer to as the One dLocal model, we enable global enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in