DLocal Limited (DLO) Presents at Goldman Sachs Communacopia + Technology Conference 2025

Group 1 - The cross-border payment space is highly fragmented, with many subscale companies resulting from the fintech financing boom prior to 2022, leading to a market structure with more companies than necessary [1] - This fragmentation contributes to a declining take rate, indicating potential challenges for companies operating in this space [1] - There is an expectation of consolidation in the industry, which may benefit the staying power of incumbent companies [1]