MercadoLibre, the ‘Amazon of LatAm,’ grows rapidly into fintech
MercadoPago CEO Osvaldo Giménez sees significant opportunities for electronic payments growth in Latin America, where about half of the population is underbanked. Giménez doesn’t believe that Mexico’s CoDi system is the best way of driving adoption. Latin American e-commerce giant MercadoLibre Inc. has been called the “Amazon.com Inc. of Latin America.” It is the region’s largest online commerce…
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