MercadoLibre

Today In Payments: Railsbank Closes $37M Funding Deal; Google Critics Demand Prompt Antitrust Enforcement
Today In Payments: Railsbank Closes $37M Funding Deal; Google Critics Demand Prompt Antitrust Enforcement
November 12, 2020  |  News

In today’s top news, Railsbank closed a $37 million funding deal, and companies in the U.S. and U.K. urged antitrust regulators to act fast in...

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MercadoLibre Banking License Hints At New Arrow In Quiver Vs. Amazon
MercadoLibre Banking License Hints At New Arrow In Quiver Vs. Amazon
November 11, 2020  |  eCommerce

It’s conventional wisdom that Amazon, eventually, gets its hands into everything, everywhere. And for players in eCommerce — especially larger ones in markets that are...

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Today In Digital-First Banking: MercadoLibre Gets License From Brazil, Alacriti Collaborates With Glia On Customer Service
Today In Digital-First Banking: MercadoLibre Gets License From Brazil, Alacriti Collaborates With Glia On Customer...
November 11, 2020  |  Digital-First Banking

In today’s top digital-first banking news, MercadoLibre has been granted a license from Brazil’s central bank, while payments FinTech Alacriti has teamed with Glia on...

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MercadoLibre Granted License From Brazil’s Central Bank
MercadoLibre Granted License From Brazil’s Central Bank
November 10, 2020  |  International

After gaining a new license to operate as a financial institution in Latin America’s largest economy of Brazil, MercadoLibre will work on expanding its portfolio of...

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Today In Payments: UK Watchdog Investigates Klarna Over Email Fiasco; Mastercard, Stride Enable Benefits To Gig Workers
Today In Payments: UK Watchdog Investigates Klarna Over Email Fiasco; Mastercard, Stride Enable Benefits To...
October 15, 2020  |  News

In today’s top news, a U.K. watchdog is investigating Klarna over a recent email fiasco, and Mastercard and Stride are teaming to offer benefits to...

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MercadoLibre To Invest More Than $716M In Brazil
MercadoLibre To Invest More Than $716M In Brazil
October 14, 2020  |  Investments

MercadoLibre, which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be...

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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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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
July 21, 2020  |  Bank Regulation

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...

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MercadoLibre Gross Merchandise Volume Soars 73 Pct In April
MercadoLibre Gross Merchandise Volume Soars 73 Pct In April
July 06, 2020  |  eCommerce

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...

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