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Do StoneCo and PagSeguro Compete With MercadoLibre? Not Exactly.

Danny Vena, The Motley Fool
·3-min read

One of the recurring questions among MercadoLibre (NASDAQ: MELI) investors is how Mercado Pago, the company's payments system, fits into the digital and physical payments space in Latin America. The common misconception among U.S. investors is that the company competes directly with rivals like StoneCo (NASDAQ: STNE) and PagSeguro (NYSE: PAGS). On this episode of Fool Live that aired on Nov. 23, Motley Fool co-founder David Gardner and Fool.com contributor Danny Vena were joined by Federico Sandler, MercadoLibre's head of investor relations, who explained how the company fits into the payments ecosystem.

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