DLocal Limited (DLO) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

SA Transcripts 162.17K Followers Follow DLocal Limited ( DLO ) Goldman Sachs Communacopia + Technology Conference 2026 September 10, 2026 6:45 PM EDT Company Participants Pedro Arnt - CEO & Director Conference Call Participants Daer Labarta - Goldman Sachs Group, Inc., Research Division Presentation Daer Labarta Goldman Sachs Group, Inc., Research Division Good afternoon, everyone. Thanks for joining. I have the pleasure of hosting Pedro Arnt, CEO of DLocal. I am the LatAm financial analyst at Goldman. Pedro, thanks for joining us. I think third, fourth year now, becoming a regular. Pedro Arnt CEO & Director Third year at DLocal. This conference has been forever. It is always good to be here. Question-and-Answer Session Daer Labarta Goldman Sachs Group, Inc., Research Division Yes. Great. I appreciate you coming. Let us jump into it right away. Maybe just in second quarter, you had very strong results, particularly when you look at a TPV growing more than 90%, well above expectations on the TPV side, right? So maybe what surprised you and how do you think about the growth algorithm sort of going forward, particularly on the back of that quarter? Pedro Arnt CEO & Director Yes. I think TPV growth kind of reflected most of the multiple growth vectors this company has in that it was broad-based. It was broad-based across different verticals. It was broad-based in terms of markets in general, with most markets performing quite well, save a few exceptions. And also with interesting ramp-ups from merchants that go to show that a lot of the investments we have been making over the last few years now place us within a position where these very large global enterprise merchants are willing to significantly increase the amount of business they do with us, where we are becoming one of their top 3 or 4 global PSPs. So from a volume perspective, share of wallet perspective, and ultimately