Mercado Crédito value of loan portfolio 2019-2023

Published by
Stephanie Chevalier,
Mar 25, 2024
In 2023, the value of the loan portfolio of Mercado Crédito – a fintech operated by MercadoLibre, Inc. – amounted to more than 3.8 billion U.S. dollars. That is 33 percent more than the 2.8 million dollar-portfolio reported a year earlier. As of 2023, Mercado Crédito was available in Argentina, Brazil, Mexico, and Chile.

Value of loan portfolio managed by Mercado Crédito from 2019 to 2023 (in million U.S. dollars)

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Release date

February 2024

Region

LAC

Survey time period

2019 to 2023

Special properties

including financial products offered to online merchants, in-store merchants, and consumers

Supplementary notes

Mercado Crédito is a fintech operated by MercadoLibre, Inc. in Argentina, Brazil, and Mexico. It offers financial solutions both for final consumers and for small and medium-sized businesses.

Figures have been rounded.

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