Cross-border payments startup dLocal's shares closed up 54% in its Nasdaq debut on Thursday, after raising $617.6M in its IPO, valuing the company at ~$10B (Luisa Beltran/Barron's Online)

Luisa Beltran / Barron's Online:
Cross-border payments startup dLocal's shares closed up 54% in its Nasdaq debut on Thursday, after raising $617.6M in its IPO, valuing the company at ~$10B  —  Shares of dLocal soared as much as 59% Thursday after the company completed an initial public offering that raised more than expected.