South American eCommerce giant MercadoLibre and Brazilian financial service firm Creditas have joined forces to allow MercadoLibre users to apply for used car loans in Mexico. MercadoLibre’s head of autos in Mexico, Jaime Ugalde, told Reuters Thursday (July 28) that the two companies are hoping...
Cross River Bank, a technology infrastructure provider offering embedded financial solutions, has partnered with financial app Revolut, a press release said. The intent is to build and scale the Revolut business in the United States, leveraging Cross River’s tech and regulatory infrastructure. This will open...
Supply chain snarls and a shortage of qualified drivers have driven the freight industry toward a digital overhaul. But not all areas of the logistics and freight industry have embraced modernization. Bharath Krishnamoorthy, CEO and co-founder at Axle, told PYMNTS’ Karen Webster that freight financing...
October 09, 2024
Mercado Libre is witnessing a consumption recovery in Argentina amid a period of “profound economic transition.” The Latin American eCommerce/FinTech platform announced Tuesday (Oct. 8) that it had sold a record 20 million products on its platform in August. “While in the first months of the year the supermarket category and basic necessities were the […]
July 28, 2022
South American eCommerce giant MercadoLibre and Brazilian financial service firm Creditas have joined forces to allow MercadoLibre users to apply for used car loans in Mexico. MercadoLibre’s head of autos...
April 14, 2022
Cross River Bank, a technology infrastructure provider offering embedded financial solutions, has partnered with financial app Revolut, a press release said. The intent is to build and scale the Revolut...
