MercadoLibre Credit Portfolio Surges 75% to $16.4 Billion

Key Facts

MercadoLibre's credit portfolio surged 75% to reach $16.4 billion in the second quarter of 2026. Zacks reported that the growth was driven by increased card issuance and higher engagement within the Mercado Pago platform, supporting the company's strategy to deepen its fintech ecosystem across Latin America.

MELI closed at $1,712.41 on September 28, 2026, with the session seeing a high of $1,727.37 and a low of $1,685.55. The significant expansion in credit operations indicates strong monetization of the company's fintech arm as it scales its lending offerings to a broader user base.