Articles

  • 3 weeks ago | bloomberg.com | Maria Clara Cobo |Valentine Hilaire

    Simetrik, a financial and accounting services startup, raised $30 million in fresh funding led by a unit of Goldman Sachs Alternatives. The funding adds to a series B round that the company disclosed in February 2024. At that point it had already pulled in $55 million from investors led by the growth equity team at Goldman Sachs Asset Management’s alternatives platform.

  • 3 weeks ago | news.bloomberglaw.com | Maria Clara Cobo |Valentine Hilaire

    Company expects to have about 15 US clients by end of yearExpansion driven by Latin American companies operating in USSimetrik, a financial and accounting services startup, raised $30 milion in fresh funding led by a unit of Goldman Sachs Alternatives. The funding adds to a series B round that the company disclosed in February 2024. At that point it had already pulled in $55 million from investors led by the growth equity team at Goldman Sachs Asset Management’s alternatives platform.

  • 1 month ago | batimes.com.ar | Ignacio Olivera Doll |Maria Clara Cobo |James Grainger

    Mercado Pago, the digital wallet and financial services arm of MercadoLibre, will request a banking licence from Argentina’s Central Bank as part of its effort to expand its ecosystem, according to a statement Wednesday. The goal is to offer more services through its fully digital model as the move follows similar steps already taken in Brazil and Mexico.   “We’re building Latin America’s largest digital bank,” Juan Martín de la Serna, President of MercadoLibre Argentina, said in the statement.

  • 1 month ago | bloomberg.com | Ignacio Olivera Doll |Maria Clara Cobo

    The MercadoLibre Inc. application is displayed on an Apple Inc. iPhone in an arranged photograph taken in Buenos Aires, Argentina, on Monday, June 10, 2019. MercadoLibre dominates Latin American e-commerce with an almost 25% share and 40 million unique monthly visitors.

  • 1 month ago | batimes.com.ar | Patrick Gillespie |Maria Clara Cobo |James Grainger

    MercadoLibre Inc Chief Executive Officer Marcos Galperin will become executive chairman of the e-commerce and financial technology giant, marking the first change in the top job since he founded Latin America’s most valuable company more than two decades ago. Ariel Szarfsztejn, who has been an executive at the company since 2017, will become MercadoLibre’s new CEO as of January 1, 2026, according to a company filing Wednesday.

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