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Mercado Pago's First Employee Paula Arregui, Senior VP of Acquiring, Talks Fintech's Growth in Latin America and Winning Acquiring on Inside Mercado Libre
MercadoLibreMercadoLibre(US:MELI) GlobeNewswire News Roomยท2025-04-30 17:36

Core Insights - Mercado Libre is the leading e-commerce and fintech platform in Latin America, with a significant focus on financial digitization and payment processing [1][5] - In 2024, Mercado Pago processed a total payment value of $142 billion, establishing itself as the largest fintech acquirer in the region [2] - Mexico presents a substantial opportunity for financial digitization, with cash transactions still representing 38% of transaction value [3][4] Company Overview - Founded in 1999, MercadoLibre, Inc operates in 18 countries, providing a comprehensive ecosystem for e-commerce and financial services [5] - The company aims to enhance access to commerce and financial services in Latin America, leveraging technology to create tailored solutions [5]