Fintechs in Latin America market high-yield saving accounts to win customers off from traditional financial institutions.
Mercado Libre reported strong Q4 2022 results with their fintech division, Mercado Page, leading the way
According to Ripio executives, this partnership will allow users of both fintechs to buy and sell cryptocurrencies directly in their respective apps.
Shares of the e-commerce giant jumped 8% on Nov. 4 following the release of third-quarter results on the back of a strong performance of its financial technology division, Mercado Pago.