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Hi Fellow Fools,

Here's a comprehensive look at MELI's fintech business, which is growing by triple-digits year over year and will represent the next stage of the company's massive growth.

This move off MercadoLibre's platform has supercharged its payments business, as off-platform transactions accounted for 78% of TPV growth. Additionally, off-marketplace TPV represented 55% of the total payments in the fourth quarter, and generated growth of 121%, or 176% year over year in local currencies.

Much more here:

https://www.fool.com/investing/2020/02/15/with-triple-digit-...

Danny
MELI, ISRG, HAS, AMZN, CRM and BIDU Ticker Guide
Long MELI since 2009
All of TMFLifeIsGood's holdings are listed here:
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