When was Mercado Pago founded?

Mercado Pago was founded in 2003 and raised its 1st funding round 19 years after it was founded.

Where is Mercado Pago located?

Mercado Pago is headquartered in Buenos Aires, Argentina.

Is Mercado Pago a funded company?

Mercado Pago is a funded company, having raised a total of $233M across 3 funding rounds to date. The company's 1st funding round was a $***** Series D round, raised on Jul 11, 2022.

When was the latest funding round of Mercado Pago?

Mercado Pago's latest funding was a $***** Conventional Debt round on Sep 18, 2024, with participation from 1 investor. Its primary sector is Payments. In Argentina, the Payments sector has seen $228M in funding in 2026 to date.

Where does Mercado Pago rank among its competitors?

Mercado Pago ranks 12th amongst 6288 active competitors, of which 532 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Mercado Pago?

Mercado Pago's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

Mercado Pago - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of online payment processing and digital financial services. It facilitates transactions for buyers and sellers through various methods, including point-of-sale systems, QR codes, and payment links. The company offers credit options, payment plans, and tools for business management. It also provides options for personal finance management, such as credit cards and investment opportunities.

Website: www.mercadopago.com.ar/
Social
Email ID: *****@mercadopago.com.ar
Part Of

Key Metrics

Founded Year

2003

Location

Buenos Aires, Argentina

Stage

Series D

Total Funding

$233M in 3 rounds

Latest Funding Round

Conventional Debt, Sep 18, 2024, $*****

Investors

Goldman Sachs & 2 more

Ranked

12^th among 6288 active competitors

Investment & Acquisitions

Nikos Investimentos

Similar Companies

PayPal & 3756 more

View Mercado Pago's full profile

Mercado Pago has raised a total funding of $233M over 3 rounds. Its first funding round was on Jul 11, 2022. Its latest funding round was a Conventional Debt round on Sep 18, 2024 for $*****. 1 investor participated in its latest round. Mercado Pago has 3 institutional investors.

Here is the list of recent funding rounds of Mercado Pago:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 18, 2024	6120973	Conventional Debt	1823185	9337221	3024985	8466957
Nov 16, 2023	3094523	Conventional Debt	5827387	3612485	5181172	Citi
Jul 11, 2022	4151467	Series D	2726233	4194698	Goldman Sachs	2281596

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View details of Mercado Pago's funding rounds and investors

The founders of Mercado Pago is Marcos Galperin.

Here are the details of Mercado Pago's key team members:

Marcos Galperin: Founder of Mercado Pago and founder of 2 other companies, MercadoLibre and Mercado Libre.

View details of Mercado Pago's Founder profiles and Board Members

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Top competitors of Mercado Pago include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Mercado Pago, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 36 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	82/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 187 others	80/100
9th	GoCardless 2011, London (United Kingdom), Acquired	Provider of automated bank payment collection and recurring billing services	$540M	Adams Street Partners, Permira & 26 others	80/100
10th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
12th	Mercado Pago 2003, Buenos Aires (Argentina), Series D	Provider of online payment processing and digital financial services	$233M	Goldman Sachs, Citi & 1 others	77/100