MercadoLibre’s fintech arm applies for banking license in Mexico By Reuters
MEXICO CITY (Reuters) – Latin American e-commerce giant MercadoLibre (NASDAQ:)’s fintech arm, Mercado Pago, has submitted its request for a banking license to the Mexican regulator, the unit said on Wednesday. The application to the National Banking and Securities Commission (CNBV) was sent earlier this month, Mercado Pago said in a statement. In May, Mercado…