MercadoLibre: Strong Fintech Upside In 2026

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The Asian Investor31.12K FollowersFollow5ShareSavePlay(10min)CommentsSummaryMercadoLibre's growth is fueled by robust e-commerce and accelerating Fintech adoption in Brazil and Mexico... the latter being a major growth lever for 2026.MELI's Fintech user base surged 29% Y/Y to 72.2M, driving assets under management up 89% to $15.1B and resulting in rapid credit portfolio expansion.The dual e-commerce/Fintech strategy is generating higher customer monetization, strong engagement, and sets MELI up for margin expansion.Despite currency volatility risks in core markets, MELI's 33X P/E offers exposure to a high-growth, underappreciated earnings trajectory. imaginima/iStock via Getty Images Latin America-focused e-Commerce and Fintech platform MercadoLibre (MELI) is set for a strong 2026 amid growing growth momentum in the company’s core market in Brazil and strong financial services product uptake, resulting in improving customerThis article was written byThe Asian Investor31.12K FollowersFollowI am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.Analyst’s Disclosure:I/we have a beneficial long position in the shares of MELI, NU, BABA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
