MercadoPago

🎉 Mexico🇲🇽: Revolut🇬🇧🇱🇹 receives approval to launch banking operations Members Public

🎉 Mexico🇲🇽: Revolut🇬🇧🇱🇹 receives approval to launch banking operations While progress at home has been slow, the company is making significant strides in Latin America. ➡️ The National Banking and Securities Commission (CNBV) and the Central Bank of Mexico have granted Revolut final authorization to operate as a multipurpose banking institution, allowing

Morgan Ellis
MercadoPago

🧉Argentina🇦🇷: overview of the alternative finance market 2025 (wallets, crypto, interoperability) Members Public

🧉Argentina🇦🇷: overview of the alternative finance market 2025 (wallets, crypto, interoperability) According to the Electronic Clearing House (#coelsa), Argentinians now hold an average of 8 financial accounts: 4 bank accounts (traditional or digital) and 4 linked to virtual wallets. 🔣 Scale and Reach The payment systems of Argentina🇦🇷 and Brazil🇧🇷 have

Morgan Ellis
coelsa

👀 Argentina 🇦🇷: Obstacles in Interoperability and Internal Conflict at #MercadoPago Members Public

👀 Argentina 🇦🇷: Obstacles in Interoperability and Internal Conflict at #MercadoPago The QR code compatible with all Argentine wallets was launched almost 4 months ago. However, the adaptation process is still ongoing… and remains quite turbulent. ➡️ Better Safe Than Sorry? Although connection issues aren’t yet critical nor a major media scandal,

Morgan Ellis
MercadoPago

🎉 Mexico🇲🇽: #MercadoPago🇦🇷 applies for a banking license Members Public

🎉 Mexico🇲🇽: #MercadoPago🇦🇷 applies for a banking license The Argentine payment platform aims to become the largest digital bank in the country. ➡️ MercadoPago Mexico already offers debit and credit cards, with daily interest on account balances, along with personal loans and SME financing. It also provides P2P transfers between users. ➡️ Relevant

Morgan Ellis
MercadoPago

👀 Our beloved LATAM: the future of payments in the fastest-growing GEOs in the region Members Public

👀 Our beloved LATAM: the future of payments in the fastest-growing GEOs in the region We kick off the week with an expert analysis on trends and future prospects in the payments industry. Ignacio Morales, CEO of Mexican fintech Unlimit Mexico, shared his insights with ThePaypers. Country Analysis: Brazil 🇧🇷: ➡️ Currently, 82%

Morgan Ellis
PIX

⚡️Argentina🇦🇷: the talented team at fintech company Tapi has secured $22 million in funding. Members Public

⚡️Argentina🇦🇷: the talented team at fintech company Tapi has secured $22 million in funding. Tapi is a payment processor for consumer-oriented platforms. Investment came from the Brazilian venture capital firm Kaszek🇧🇷and the Californian venture capital fund Andreessen Horowitz🇺🇸. ➡️ Currently, the company serves clients like #MercadoPago and the cryptocurrency exchange

Morgan Ellis
MercadoPago

Argentina🇦🇷… The country's most popular payment platform has finally reached an agreement with the interbank digital wallet Modo. Members Public

Argentina🇦🇷… The country's most popular payment platform has finally reached an agreement with the interbank digital wallet Modo. Interoperability in QR payments with cards!❗️Modo and #MercadoPago have been rivals for a long time. However, now, once the system is implemented, all QR code readers will have to

Morgan Ellis
MercadoPago

👀 MercadoLibre 🇦🇷 Seeks to Obtain a Banking License in Mexico Members Public

👀 MercadoLibre 🇦🇷 Seeks to Obtain a Banking License in Mexico The largest online marketplace in Latin America is already in active negotiations with the Central Bank of Mexico 🇲🇽. ➡️ One of MercadoLibre's CEOs told "Bloomberg" that the Mexican subsidiary aims to reach and surpass Brazil to become the

Morgan Ellis
MercadoPago