06:54 AM EDT, 09/18/2025 (MT Newswires) -- MercadoLibre ( MELI ) 's financial services arm, Mercado Pago, has agreed to acquire Brazilian securities distributor Nikos DTVM, following a three-year partnership, Bloomberg News reported on Thursday.

The deal amount was not disclosed, the report said, adding that the acquisition is dependent upon approval from Brazil's central bank.

The move is expected to expand the company's investment products offerings in the country, according to Reuters.

MercadoLibre ( MELI ) did not immediately respond to MT Newswires' request for comment on the matter.

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