dLocal Licensed by Brazil's Central Bank as Payments Institution
This license, roughly equivalent to the European e-money issuer license, allows dLocal to accept deposits from the public, manage e-wallets, and participate directly in Brazil’s payments systems including Pix. Additionally, dLocal becomes a “Payments Transactions Initiator”, enabling it to access Brazil’s new Open Banking Initiative as well as initiating third-party Pix
Source: financialit.net
