Mercado Pago
MercadoLibre's payments arm became LatAm's default wallet; issues the Meli Dollar stable token in Brazil.
LatAm super-app; crypto BR/MX; Meli Dollar.
The facts
| Category | hybrid |
| HQ | Buenos Aires, AR |
| Founded | 2003 |
| Custody | Custodial |
| Regulation type | Licence pending (partner model today) |
| Licence detail | Payment/fintech licences region-wide; pursuing MX bank licence |
| Card | Visa/MC · Debit + credit |
| Cashback | In-app offers |
| Yield | Remunerated account |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Latin America |
| Countries | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay |
| Reported users | 78M MAU (2025) |
| Founders | Marcos Galperin (MELI) |
| Funding | Public (MELI) |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @mercadopago ↗
comparePut Mercado Pago side by side with any of the other 356 tracked neobanks in the directory — custody, licence, cashback, yield, stablecoins and geography in one view.
Peers
Revolut · Crypto.com · Binance Card · Bybit Card · OKX Card · Bitget Card
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.