Edit: The latest DLOCAL earnings show positive growth in the main Latam markets, so I am more positive on the company's prospects and my fear were overblown
This other Latam growth (perhaps Curaçao or Belize) reminds me of some high-risk payment processing activity (online gambling ?) like what we use to see at Paysafe or Wirecard. I don't see why take rate is so high otherwise.
Edit: The latest DLOCAL earnings show positive growth in the main Latam markets, so I am more positive on the company's prospects and my fear were overblown
Great article
Great giant to have in the portfolio
This other Latam growth (perhaps Curaçao or Belize) reminds me of some high-risk payment processing activity (online gambling ?) like what we use to see at Paysafe or Wirecard. I don't see why take rate is so high otherwise.
Good point. It's strange. It could be legitimate. Sometimes it's best to pass.