Tech stampede as investors hunt Latin American unicorns

By Carolina Mandl and Anirban Sen (Reuters) – When Sebastian Kanovich co-founded Latin American digital payments startup dLocal in Montevideo in 2016, he struggled to get global retailers to take him seriously. “It took us a lot of No’s before getting the first Yes,” he told Reuters. “We were not only from Latin America, but from Uruguay, not known for technology.” Five years on, it’s a different story. dLocal listed on the Nasdaq exchange in New York in June and is now worth $16 billion, thanks to partnerships with the likes of Amazon and Uber in 30 countries, and other