Digitally savvy, younger consumers with mobile devices in hand. Underbanked and even unbanked populations ripe for financial inclusion. A regulatory environment conducive to digital innovation....
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...
Mercado Libre has reportedly secured $250 million in financing from JPMorgan to grow the business of its FinTech arm Mercado Pago in Mexico. The company...
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....
The cryptocurrency sector has long been in search of gateway use cases to accelerate adoption. News broke Friday (Aug. 23) that Wyoming is reportedly developing...
Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin...
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...
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...
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...