News of fintech

MercadoLibre CEO steps aside after 25 years for chairman job

22-05-2025 08:53 Billionaire founder Marcos Galperin will step down as CEO of e-commerce and financial services giant Mercado Libre in January 2026.

BUSINESS & INVESTMENT

Mercado Libre to invest US$2.6 billion in Argentina this year

09-04-2025 17:31 US$2.6-billion investment marks a 53% increase on last year’s figure and forms part of a wider regional expansion drive.

START-UPS

Dozen Latin America start-ups flagged as top unicorn candidates

11-02-2025 17:01 At least a dozen tech firms in the region could cross the coveted US$1-billion valuation mark this year, according to specialised platform Distrito.

BUSINESS & INVESTMENT

Ualá reaches US$2.75-billion valuation in new funding

11-11-2024 13:39 Fintech firm Ualá has raised US$300 million from investors at a valuation of US$2.75 billion, underlining its position as one of the most valuable start-ups in Latin America.

ECONOMY

Argentina’s reign of cash tips nears its end amid a fintech boom

10-08-2024 15:31 Tips are finally going digital in Argentina thanks to both a boom in financial technology.

BUSINESS & INVESTMENT

Kaszek, Andreessen back Argentina fintech Tapi in US$22-million round

12-07-2024 12:26 Argentine financial technology startup Tapi raises US$22 million in venture funding in a Series A round.

Public rebuke

Central Bank technical move slammed as ‘attack’ by Mercado Pago

26-09-2023 11:23 Technical measure by Argentina’s Central Bank provokes rare public rebuke by fintech arm of MercadoLibre.

DOLLARISATION ON THE CARDS?

Ualá CEO says Argentina dollarisation ‘positive’ for lending

25-09-2023 15:30 Javier Milei’s proposal to dollarise the economy would be positive for long-term lending, according to Pierpaolo Barbieri, chief executive officer of fintech company Ualá.