One IPOs and no SPACs went public in the week of May 31, 2021 led by dLocal Ltd (NASDAQ: DLO), online payments platform developer raised $618 million at a $6,151 million market cap and finished 64% above its IPO price. The Montevideo, Uruguay-based company was founded in 2016 and booked $104 million in revenue for the 12 months ended December 31, 2020.

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