- August 29, 2023
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 millions of users in Chile access ...
- April 20, 2021
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 for payments innovation. Cash was ...
- March 2, 2021
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 company posted a net loss ...
- July 22, 2020
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 this trend, says Paula Arregui, ...
- July 21, 2020
In today’s top news, Adevinta agrees to buy eBay’s classifieds division for $9.2 billion, and an independent panel plans to review the U.K.’s FinTech sector. Plus, Alibaba’s Ant Group plans ...
- July 21, 2020
Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world.
The European Union’s financial authorities are monitoring how the pandemic ...
- January 24, 2020
Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according ...
- December 30, 2019
Today (Dec. 30), PayPal President and CEO Dan Schulman announces a tie-up with Latin American eCommerce conglomerate Mercado Libre, which sees PayPal and Mercado Libre’s ePayments offering, Mercado Pago, adding ...
- December 30, 2019
Digital payments firm PayPal is turning to Latin America to strengthen its position in the eCommerce payments and remittance arenas.
Today, PayPal announced an expansion of its partnership with Argentinian eCommerce ...
- October 14, 2019
After the mass exodus on Friday (Oct. 11) from the Libra project, the cryptocurrency’s remaining 22 corporate backers are gathering in Geneva, Switzerland to throw their weight behind the new ...
- February 15, 2018
When it comes to making payments, 90 percent of Mexico’s population prefers using cash over cards, and that’s a lesson eTailers like Amazon and Walmart are taking to heart. According ...
- February 14, 2018
Cash plays an outsized role in Mexico’s economy. Whether it’s a convenience store, a restaurant or an online marketplace, when it comes to running a business in Mexico, accepting cash ...
- June 26, 2017
Mercado Libre Inc, the Argentina online marketplace, is gearing up to offer working-capital loans to entrepreneurs in Brazil and Mexico during 2017, reported Reuters.
According to a news report, the move is ...
