In all, Goldman Sachs' contributions total $485 million between 2021 and 2022 in Mercado Livre, which represents one of the largest investments made by this bank in a fintech in the region.
"At Mercado Pago we are driven by the purpose of bringing solutions together and generating more opportunities for millions of Latin Americans, with a credit offer tailored to their needs and capabilities," said Facundo Cuppi, Chief Credit Strategy and Operations Officer at Mercado Crédito.
"We are extremely excited to continue our partnership with Mercado Livre to promote financial inclusion and access to credit in Latin America," said Santiago Rubin, Managing Director, Head of Technology Media and Telecom for Latin America at Goldman Sachs.
Mercado Pago's credit lines available in the region already amount to more than $7.551 million, totaling $175 million in consumer loans and working capital for SMEs.
In all, Goldman Sachs' contributions total $485 million between 2021 and 2022 in Mercado Livre, which represents one of the largest investments made by this bank in a fintech in the region.
"At Mercado Pago we are driven by the purpose of bringing solutions together and generating more opportunities for millions of Latin Americans, with a credit offer tailored to their needs and capabilities," said Facundo Cuppi, Chief Credit Strategy and Operations Officer at Mercado Crédito.
"We are extremely excited to continue our partnership with Mercado Livre to promote financial inclusion and access to credit in Latin America," said Santiago Rubin, Managing Director, Head of Technology Media and Telecom for Latin America at Goldman Sachs.
Mercado Pago's credit lines available in the region already amount to more than $7.551 million, totaling $175 million in consumer loans and working capital for SMEs.
In all, Goldman Sachs' contributions total $485 million between 2021 and 2022 in Mercado Livre, which represents one of the largest investments made by this bank in a fintech in the region.
"At Mercado Pago we are driven by the purpose of bringing solutions together and generating more opportunities for millions of Latin Americans, with a credit offer tailored to their needs and capabilities," said Facundo Cuppi, Chief Credit Strategy and Operations Officer at Mercado Crédito.
"We are extremely excited to continue our partnership with Mercado Livre to promote financial inclusion and access to credit in Latin America," said Santiago Rubin, Managing Director, Head of Technology Media and Telecom for Latin America at Goldman Sachs.
Mercado Pago's credit lines available in the region already amount to more than $7.551 million, totaling $175 million in consumer loans and working capital for SMEs.
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