MercadoLibre

Mercado Pago Applies for Banking License in Mexico
Mercado Pago Applies for Banking License in Mexico
September 25, 2024  |  Digital-First Banking

Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican...

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MercadoLibre Targets Banks in Complaint With Argentina’s Competition Regulator
MercadoLibre Targets Banks in Complaint With Argentina’s Competition Regulator
August 26, 2024  |  Mobile Wallets

MercadoLibre has filed a complaint with Argentina’s competition regulator, alleging that Argentine banks are using an anti-competitive tactic against the company’s FinTech arm, Mercado Pago....

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MercadoLibre Drives Argentina’s Surge in Digital Tipping
MercadoLibre Drives Argentina’s Surge in Digital Tipping
August 11, 2024  |  Digital Payments

Cash has long been king at Argentina’s bars and restaurants. Its reign may be ending. As Bloomberg News reported Saturday (Aug. 10), card tipping had...

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CE 100 Index Inches Up 0.6% as CrowdStrike Leads ‘Work’ Segment
CE 100 Index Inches Up 0.6% as CrowdStrike Leads ‘Work’ Segment
June 10, 2024  |  Connected Economy

The CE 100 Index gained 0.6% in a week that saw some continued post-earnings-report momentum and investor enthusiasm for AI-related names. CrowdStrike shares rallied 11.3%,...

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MercadoLibre Joins Discussions to Apply for Mexican Banking License
MercadoLibre Joins Discussions to Apply for Mexican Banking License
May 21, 2024  |  Banking

MercadoLibre is reportedly in talks to get a banking license in Mexico. The Latin American eCommerce/FinTech is in discussions with Mexico’s central bank, finance ministry and banking regulators...

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MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
May 07, 2024  |  Digital Payments

Banks in Argentina are reportedly accusing eCommerce giant MercadoLibre’s payments platform of anti-competitive practices. MODO, a digital wallet backed by dozens of Argentine lenders, claims that the company forces...

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iRobot’s 36% Leap Leads CE 100 Index Higher in Shortened Holiday Trading
iRobot’s 36% Leap Leads CE 100 Index Higher in Shortened Holiday Trading
November 27, 2023  |  Connected Economy

The CE 100 Index gained 1.1% in a trading week shortened by the Thanksgiving holiday.  Only one pillar lost ground — the Work segment, which...

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Adyen’s 44% Plunge Drives CE 100 Index Lower 
Adyen’s 44% Plunge Drives CE 100 Index Lower 
August 21, 2023  |  Connected Economy

All of the pillars are down — again. Companies are seeing double-digit plunges — again.  The CE 100 Index continued its slide, where all segments...

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MercadoLibre Announces CFO Transition Amid ‘New Phase of Growth’
MercadoLibre Announces CFO Transition Amid ‘New Phase of Growth’
August 11, 2023  |  Personnel

MercadoLibre has appointed a senior vice president, Martín de los Santos, as its new chief financial officer (CFO). He succeeds Pedro Arnt, who left to pursue new opportunities...

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