Sergio Fogel
$1.0B
Born
Dec 22, 1963
Age
61
Source of Wealth
fintech
Residence
Montevideo,
Citizenship
Uruguay
Marital Status
Children
0
Education
Master of Business Administration, INSEAD; Bachelor of Arts/Science, Technion-Israel Institute of Technology; Master of Science, Technion-Israel Institute of Technology
- Sergio Fogel is the cofounder, co-president and chief strategy director of Uruguay-based fintech and international payments startup dLocal; he owns about 17% of the shares.
- Founded in Montevideo in 2016, dLocal went public on the NASDAQ in June 2021, just nine months after becoming Uruguay's first unicorn in September 2020.
- dLocal operates in emerging markets such as Brazil and India and its clients include Amazon, Netflix, Google, Microsoft, Nike and Spotify.
- Fogel started dLocal with fellow billionaire and board member Andrés Bzurovski and the firm's founding CEO, Sebastián Kanovich.
- The three are all alumni of Uruguay's Universidad ORT and previously worked together at payments firm AstroPay, also founded by Bzurovski and Fogel.
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