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MercadoLibre's fintech arm applies for Mexico banking license
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MercadoLibre's fintech arm applies for Mexico banking license
Sep 29, 2024 3:02 PM

MEXICO CITY, Sept 25 (Reuters) - Latin American

e-commerce giant MercadoLibre's ( MELI ) fintech arm, Mercado Pago, has

submitted its request for a banking license to the Mexican

regulator, the unit said on Wednesday.

The application to the National Banking and Securities

Commission (CNBV) was sent earlier this month, Mercado Pago said

in a statement.

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