MercadoLibre Expands Fintech Arm With $233 Million Loan

MercadoLibre Inc. (NASDAQ: MELI) plans on expanding the credit offering of its fintech arm in two key markets. To do this, the Argentina-based e-commerce giant has secured $233 million in private financing from Goldman Sachs Group. The loan was secured though MercadoLibre’s credit unit Mercado Crédito. Of this $233 million loan, fintech arm MercadoPago will [...] The post MercadoLibre Expands Fintech Arm With $233 Million Loan appeared first on ETF Trends .