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...
Buenos Aires-based eCommerce market MercadoLibre has seen a boost thanks to the pandemic, with shares climbing above $1,000 and sales spiking, Bloomberg reported. The company...
In today’s top news, PayPal and Facebook are to take stakes in Indonesia’s Gojek, and the Reserve Bank of Australia is considering cutting costs of...
Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin...
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...
It’s the end of the first workweek of the decade, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the...
Goldman Sachs is loaning $125 million to Mercado Crédito, a unit of MercadoLibre. This is the bank’s third loan to a Latin American FinTech in...
With an eye toward logistics and financial services, MercadoLibre Inc. will reportedly invest over $718 million (3 billion reais) in Brazil next year. The Latin American eCommerce...
For MercadoLibre, the Argentine eCommerce firm incorporated in the United States, with platforms such as the eponymous mercadolibre.com, there has been payoff in payments. As...