Mercado Pago

MercadoLibre Joins Discussions to Apply for Mexican Banking License
MercadoLibre Joins Discussions to Apply for Mexican Banking License
May 21, 2024  |  Banking

MercadoLibre is reportedly in talks to get a banking license in Mexico. The Latin American eCommerce/FinTech is in discussions with Mexico’s central bank, finance ministry and banking regulators...

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MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
May 07, 2024  |  Digital Payments

Banks in Argentina are reportedly accusing eCommerce giant MercadoLibre’s payments platform of anti-competitive practices. MODO, a digital wallet backed by dozens of Argentine lenders, claims that the company forces...

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Mercado Libre’s Investments in Mexico Propel Earnings
Mercado Libre’s Investments in Mexico Propel Earnings
May 02, 2024  |  Earnings

Saying that its “ecosystem is our competitive strength,” Latin American payments and eCommerce powerhouse Mercado Libre reported strong Q1 revenue growth in all areas of its...

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Mercado Libre Appoints Andre Chaves to Head Brazilian FinTech Business
Mercado Libre Appoints Andre Chaves to Head Brazilian FinTech Business
March 01, 2024  |  Personnel

Mercado Libre, an eCommerce and payments platform in Latin America, appointed Andre Chaves as the new head of its FinTech business in Brazil. “Very humbled and excited...

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Western Union Expands Cross-Border Payments Partnership With Mercado Pago
Western Union Expands Cross-Border Payments Partnership With Mercado Pago
February 21, 2024  |  Partnerships

Western Union and Mercado Pago are extending their relationship and widening a cross-border payments channel between the United States, Canada and Mexico. U.S. and Canadian...

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Circle and Mercado Pago Partner to Improve Access to USDC
Circle and Mercado Pago Partner to Improve Access to USDC
August 29, 2023  |  Partnerships

Global FinTech firm Circle has partnered with Mercado Pago, the largest FinTech company in Latin America, to enhance efficiency and accessibility to digital dollars in Chile. By granting...

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Mercado Pago’s Digital Accounts Open New Doors To LATAM’s Connected Economy
Mercado Pago’s Digital Accounts Open New Doors To LATAM’s Connected Economy
April 20, 2021  |  Payment Methods

Take a short trip back in time, back to the dawn of the Internet era in the late ’90s. Argentina was not a country known...

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MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
March 02, 2021  |  eCommerce

MercadoLibre said that net revenues rose to $1.3 billion — in U.S. dollars, up nearly double from the same quarter a year ago. However, the...

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Open Banking For The Unbanked: How The Pandemic Is Affecting Innovation In LatAm
Open Banking For The Unbanked: How The Pandemic Is Affecting Innovation In LatAm
July 22, 2020  |  Bank Regulation

With nearly 50 percent of the Latin American population unbanked, there's a growing appetite for mobile banking services. And the ongoing pandemic is only accelerating...

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