A report presented by Bank of America (BofA) provides insights into the growth of MercadoLibre Inc. (MELI)'s credit card business and fintech sector. The company has successfully expanded its digital financial services recently, which in turn led to a sharp increase in the number of customers. BofA analysts expect that MercadoLibre's changes in this area will have a positive impact on the company's overall financial indicators.
SourceYahoo Finance