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)
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.
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MercadoLibre. (February 23, 2024). Value of loan portfolio managed by Mercado Crédito from 2019 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1114939/latin-america-mercado-credito/
MercadoLibre. "Value of loan portfolio managed by Mercado Crédito from 2019 to 2023 (in million U.S. dollars)." Chart. February 23, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1114939/latin-america-mercado-credito/
MercadoLibre. (2024). Value of loan portfolio managed by Mercado Crédito from 2019 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1114939/latin-america-mercado-credito/
MercadoLibre. "Value of Loan Portfolio Managed by Mercado Crédito from 2019 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/1114939/latin-america-mercado-credito/
MercadoLibre, Value of loan portfolio managed by Mercado Crédito from 2019 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1114939/latin-america-mercado-credito/ (last visited January 08, 2025)
Value of loan portfolio managed by Mercado Crédito from 2019 to 2023 (in million U.S. dollars) [Graph], MercadoLibre, February 23, 2024. [Online]. Available: https://www.statista.com/statistics/1114939/latin-america-mercado-credito/