DLocal Limited (NASDAQ:DLO) is one of the best low priced technology stocks to buy according to analysts. On December 17, Itau BBA analyst William Barranjard initiated coverage of DLocal with an Outperform rating and $21 price target.
Earlier on December 11, Truist upgraded DLocal to Buy from Hold with a price target of $16, which was up from $15. Following a period of poor stock performance, the firm now sees a buying opportunity in fintech and payments for 2026. As organic growth levels out, the firm raised its rating on two cross-border firms, betting on their ability to handle increased transaction volumes.
Additionally, on December 9, DLocal Limited (NASDAQ:DLO) and Yuno announced an expansion of their partnership aimed at simplifying how global enterprises scale within emerging markets. This collaboration merges DLocal’s cross-border payment platform with Yuno’s global infrastructure to streamline operations across Latin America and Africa. By using a One DLocal approach, which features a single direct API, one platform, and one contract, the alliance allows merchants to bypass the fragmented infrastructure and regulatory hurdles typically found in these high-growth digital economies.
The first major success of this expanded partnership is the launch of Smart Fit, which is one of the world’s largest fitness chains, into the Moroccan market. This move marks the first instance of a client successfully transitioning from Latin America to Africa using this specific payment model. Through the integrated system, Smart Fit can seamlessly process local debit and credit cards while navigating Africa’s complex regulatory requirements without needing to manage new, separate integrations.
DLocal Limited (NASDAQ:DLO), together with its subsidiaries, operates a payment processing platform worldwide.
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Disclosure: None. This article is originally published at Insider Monkey.