Today In Payments Around The World: dLocal Reportedly Files For IPO; Oura Lands $100 Million Investment
In today’s top payments news around the world, dLocal has reportedly confidentially filed for an initial public offering (IPO) in the United States, while Oura has unveiled a $100 million Series C. Plus, Acuant has closed on its purchase of Hello Soda.
Uruguay-based payments upstart dLocal has reportedly confidentially filed for an IPO in the United States. The firm is working with banks on a listing that could take place prior to the close of 2021, according to a published report, but the timing is not set in stone. The firm has offices in 29 nations throughout Latin America, Asia Pacific, Africa and the Middle East. It reportedly recently began providing payment services in Vietnam, the Philippines and Malaysia. dLocal is headed up by CEO Sebastián Kanovich.
Oura, a fitness firm started in Finland, revealed a $100 million Series C Tuesday (May 4), a funding round that brings the firm’s overall financing to just more than $148 million. “The wearables industry is transitioning from activity trackers to health platforms that can improve people’s lives,” CEO Harpreet Singh Rai said in a press release, noting that Oura concentrated on sleep initially because it is a daily habit and that a dearth of sleep has been connected with negative health conditions.
Acuant, an identity verification company, has wrapped up its acquisition of Hello Soda as part of its “continued investment and commitment to innovative technology,” according to an announcement. Hello Soda, which is based in the United Kingdom, provides identity verification and know your customer (KYC) offerings and has a focus on Asia and Europe. “Adding Hello Soda to our Trusted Identity Platform will reach more people today and position us even stronger for the future of digital identity,” Acuant President and CEO Yossi Zekri said in the announcement.
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