Rank #3405
Sergio Fogel
Net worth $1.0B
fintech · Uruguay
- Born
- Dec 22, 1963
- Age
- 62
- Source
- 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
Net worth over time
Biography
- Sergio Fogel is the cofounder of Uruguay-based fintech dLocal; he owns about 17% of the shares and left the company in early 2026.
- 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 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.
Financial assets
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