MercadoLibre secures $250 million financing from JP Morgan to expand fintech's credit profile in Mexico

MercadoLibre

18/09/2024 17:54

MEXICO CITY, Sept 18 (Reuters) - Latin American
e-commerce giant MercadoLibre  MELI.O  signed a $250 million
financing deal with JPMorgan  JPM.N  aimed at expanding its
fintech arm Mercado Pago's credit profile in Mexico,
MercadoLibre said on Wednesday.

 (Reporting by Diego Ore; Writing by Brendan O'Boyle; Editing by
Gabriel Araujo)
 ((Brendan.OBoyle@thomsonreuters.com;))