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Securitization Transactions (Tables)
 9 Months Ended
Sep. 30, 2023
Securitization Transactions [Abstract]  
Collateralized Debt
The following table summarizes the Company’s collateralized debt under securitization transactions, as of September 30, 2023:
SPEsCollateralized debt as of September 30, 2023Interest rateCurrencyMaturity
Mercado Crédito I Brasil Fundo de Investimento Em Direitos Creditórios Não Padronizados$201
CDI + 2.50%
Brazilian ReaisMay 2025
Mercado Crédito Fundo de Investimento Em Direitos Creditórios Não Padronizado13
CDI + 3.50%
Brazilian ReaisAugust 2025
Olimpia Fundo de Investimento Em Direitos Creditórios105
CDI + 1.25%
Brazilian ReaisNovember 2024
Mercado Crédito II Brasil Fundo De Investimento Em Direitos Creditórios Nao Padronizados125
CDI + 2.35%
Brazilian ReaisJanuary 2030
Seller Fundo De Investimento Em Direitos Creditórios208
CDI + 1.60%
Brazilian ReaisMarch 2026
Seller Fundo De Investimento Em Direitos Creditórios103
CDI + 1.80%
Brazilian ReaisMay 2026
Mercado Crédito Consumo XVI2
Badlar rates plus 200 basis points with a min 60% and a max 92%
Argentine PesosDecember 2023
Mercado Crédito Consumo XVII6
Badlar rates plus 200 basis points with a min 60% and a max 92%
Argentine PesosJanuary 2024
Mercado Crédito Consumo XVIII12
Badlar rates plus 200 basis points with a min 60% and a max 92%
Argentine PesosJanuary 2024
Mercado Crédito Consumo XIX14
Badlar rates plus 200 basis points with a min 60% and a max 92%
Argentine PesosFebruary 2024
Mercado Crédito Consumo XX17
Badlar rates plus 200 basis points with a min 60% and a max 92%
Argentine PesosMarch 2024
Mercado Crédito Consumo XXI16
Badlar rates plus 200 basis points with a min 80% and a max 120%
Argentine PesosJune 2024
Mercado Crédito Consumo XXII17
Badlar rates plus 200 basis points with a min 80% and a max 120%
Argentine PesosJune 2024
Mercado Crédito Consumo XXIII18
Badlar rates plus 200 basis points with a min 80% and a max 120%
Argentine PesosAugust 2024
Mercado Crédito Consumo XXIV17
Badlar rates plus 200 basis points with a min 100% and a max 140%
Argentine PesosOctober 2024
Mercado Crédito Consumo XXV (*)17
Badlar rates plus 200 basis points with a min 100% and a max 150%
Argentine PesosNovember 2024
Mercado Crédito XVII3
Badlar rates plus 200 basis points with a min 35% and a max 88%
Argentine PesosMarch 2024
Mercado Crédito XVIII5
Badlar rates plus 200 basis points with a min 35% and a max 92%
Argentine PesosJanuary 2024
Mercado Crédito XIX11
Badlar rates plus 200 basis points with a min 100% and a max 140%
Argentine PesosAugust 2024
Fideicomiso de administración y fuente de pago CIB/3756239
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.35%
Mexican PesosAugust 2026
Fideicomiso de administración y fuente de pago CIB/3369289
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 3.0%
Mexican PesosApril 2025
$1,438
(*)As of September 30, 2023, Loans payable owned by this trust were obtained through private placements. Mercado Crédito Consumo XXV trust made a public bond offering in the Argentine stock market on October 4, 2023.
Assets and Liabilities of the Trust
The assets and liabilities of the SPEs are included in the Company’s unaudited interim condensed consolidated financial statements as of September 30, 2023 and December 31, 2022 as follows:
September 30,
2023		December 31,
2022
Assets(In millions)
Current assets:
Restricted cash and cash equivalents$281 $459 
Short-term investments1 — 
Credit card receivables and other means of payments, net106 317 
Loans receivable, net1,169 799 
Total current assets1,557 1,575 
Non-current assets:
Long-term investments24 21 
Loans receivable, net19 24 
Total non-current assets43 45 
Total assets$1,600 $1,620 
Liabilities
Current liabilities:
Accounts payable and accrued expenses$— $4 
Loans payable and other financial liabilities664 535 
Other liabilities4 1 
Total current liabilities668 540 
Non-current liabilities:
Loans payable and other financial liabilities774 703 
Total non-current liabilities774 703 
Total liabilities$1,442 $1,243