XML 23 R11.htm IDEA: XBRL DOCUMENT
v3.25.2

FINTECH REGULATIONS | 6 Months Ended
--- | ---
Jun. 30, 2025
Cash and Cash Equivalents [Abstract] |
FINTECH REGULATIONS | FINTECH REGULATIONS Regulations issued by the central banks and other regulators of the countries where the Company operates applicable to its Fintech business are described in Note 3 to the consolidated financial statements in the Company’s 2024 10-K. Mexico On March 27, 2025, MPFS, S. de R.L. de C.V. submitted to the National Banking and Securities Commission (“CNBV” according to its Spanish acronym) an authorization request to organize and operate as an investment funds management company through Mercado Pago Fondos, S.A. de C.V., Sociedad Operadora de Fondos de Inversión (a new subsidiary to be legally formed when the authorization request is approved). As of the date of this filing, this authorization is pending approval. Argentina On February 25, 2025 the Argentinian National Securities Commission (“CNV” according to its Spanish acronym) approved the registration of Mercado Pago Inversiones S.R.L. as a Comprehensive Investment Fund Placement and Distribution Agent (“ACDI”). In addition, on the same day, the CNV approved the request made by Mercado Pago Asset Management S.A. to Mercado Pago Inversiones S.R.L. replace Industrial Asset Management S.A. as management agent of “Mercado Fondo.” Starting June 1, 2025, Mercado Pago Asset Management S.A. took over from Industrial Asset Management S.A. as the management agent of “Mercado Fondo” mutual fund. In addition, starting June 2025, users who previously invested in “Mercado Fondo” investment fund through Banco Industrial S.A. started to invest through Mercado Pago Inversiones S.R.L. As of June 30, 2025, the assets under administration of Mercado Pago Asset Management S.A. related to mutual funds amount to $4,100 million. On June 17, 2025, Meli Participaciones, S.L. and Marketplace Investments, LLC filed an application with the CBA to obtain a banking license in Argentina. The application is currently under review, and the Company is actively engaged with the CBA to address its inquiries and provide requested clarifications. In April 2025, Mercado Pago Servicios de Procesamiento S.R.L. (“MPSP”) created a global program for the issuance of debt securities. The maximum principal amount of the debt securities permitted to be outstanding at any one time under the program is $500 million (or its equivalent in other currencies and/or units of value or measure). In July 2025, MPSP was authorized by the CNV to issue debt securities under Argentina's public offering regime, and as result, is now regulated by the CNV. Chile In June 2025, Mercado Pago Operadora S.A. submitted an application to the Chilean Commission for the Financial Market (“CMF” according to its Spanish acronym) for registration to execute cross-border transactions. As of the date of this filing, this application is pending approval by the CMF. Meli Dólar On July 17, 2025, the Bermuda Monetary Authority (“BMA”) granted Meli ISAC Ltd. and Meli ISA Ltd., two Bermudian subsidiaries of the Company, a Digital Asset Business (“DAB”) license application to issue the Company’s stablecoin, Meli Dólar, which is conditional upon satisfying certain pre-commencement requirements. The term for the fulfillment of the pre-commencement requirements is 120 days.

X
- Definition Fintech Regulations Disclosure [Text Block] + References No definition available. + Details
Name: | meli_FintechRegulationsDisclosureTextBlock
Namespace Prefix: | meli_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CashAndCashEquivalentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration