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# Mercado Pago Hits 64 Million Monthly Active Users as Q1 2025 Fintech Revenue Rises 43%
- URL: https://www.theglobalbanker.com/mercado-pago-64-million-monthly-active-users-q1-2025-fintech-revenue-surges-43-percent/
- Published: 2025-05-07T21:00:00.000Z
- Updated: 2026-10-02T13:58:55.000Z
- Description: Mercado Pago reached 64 million monthly active users in Q1 2025, up 31%, as fintech revenues of USD 2.63 billion represented about 44% of Mercado Libre's total revenues.
- Author: TGB Editorial Team
- Tags: Fintech, Americas, #archive

Mercado Pago, the fintech arm of Latin American e-commerce and payments group Mercado Libre, reached 64 million monthly active users in the first quarter of 2025, a 31% increase compared with the same period a year earlier. Fintech revenues for the quarter totalled USD 2.63 billion, up 43% year-on-year.

The fintech division's revenues represented 44.3% of Mercado Libre's total revenues for the quarter. 

#### CREDIT PORTFOLIO

Mercado Pago's credit portfolio grew 75% to USD 7.8 billion. 

#### TRANSACTION VOLUMES

Mercado Pago processed about 11.4 billion payment transactions in 2024, up roughly 50% year-on-year.