In 2024, Mercado Pago processed 11.3 billion transactions, reflecting a 20% growth from the prior year, reported The Rio Times.

“Mercado Pago was born more than 20 years ago in Argentina, as the gateway to process all payments in the Mercado Libre marketplace. Today we are the largest FinTech in Latin America and we are ...

Mercado Pago processed 11.3 billion transactions in 2024, up 20% from the previous year, and its credit portfolio surged 75% to $7.8 billion.

Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, has submitted its request for a banking license to the Mexican regulator, the unit said on Wednesday.

Latin American e-commerce giant MercadoLibre's financial technology arm Mercado Pago announced on Wednesday that it has started making a so-called stablecoin priced in U.S. dollars at a one-to-one ...

Mercado Pago has multiple cash deposit establishments in Mexico, from supermarkets to convenience stores like Circle K and 7-11, pharmacies, banks such as Santander, BBVA, HSBC, and many more.

Mercado Pago already has, and it's been driving growth at MercadoLibre for years now. I would say, if you're looking for something that's already proven, I think MercadoLibre is the way to go.

1/ The largest fintech in LATAM, @mercadopago, part of Mercado Libre, the Amazon of LATAM with 200M users, is rolling out support for USDC in key markets, starting with Chile.