Company: DLO
Filing Date: 2025-09-03
Form Type: F-3ASR
Source: 0000950103-25-011186
Chunk: 38

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: F-3ASR
Chunk 38
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 Opinion of Maples and Calder (Cayman) LLP, Cayman Islands legal counsel of the Registrant.                           |
| 23.1    |     | Consent of Maples and Calder (Cayman) LLP, Cayman Islands legal counsel of the Registrant (included in Exhibit 5.1). |
| 23.2    |     | Consent of Price Waterhouse & Co S.R.L.                                                                              |
| 24.1    |     | Powers of Attorney (included on signature page to the registration statement).                                       |
| 107.1   |     | Filing Fee Table                                                                                                     |

| * | To be filed as an exhibit to a post-effective amendment to this registration statement or as an exhibit to a report filed or furnished 
 under the Exchange Act and incorporated by reference.                                                                                  |

<div align='center'>II-4

SIGNATURES</div>

Pursuant to the requirements of the Securities
Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form
F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the
City of Montevideo, Uruguay, on September 3, 2025.

| DLOCAL LIMITED |                   |                                 |
| By:            | /s/ Pedro Arnt    |                                 |
|                | Name:             | Pedro Arnt                      |
|                | Title:            | Chief Executive Officer         |
| By:            | /s/ Jeffrey Brown |                                 |
|                | Name:             | Jeffrey Brown                   |
|                | Title:            | Interim Chief Financial Officer |

<div align='center'>POWER OF ATTORNEY</div>

KNOW ALL PERSONS BY THESE PRESENTS, that each
person whose signature appears below constitutes and appoints Pedro Arnt, Jeffrey Brown and Gabriela Vieira and each of them, individually,
as their attorney-in-fact, with the power of substitution, for them in any and all capacities, to sign any amendment or post-effective
amendment to this registration statement on Form F-3, including, without limitation, any additional registration statement filed pursuant
to Rule 462 under the Securities Act with respect hereto and to file the same, with exhibits thereto and other documents in connection
therewith, with the Securities of Exchange Commission, hereby ratifying and confirming all that said attorney-in-fact,