The Financial Espresso "MELI in MX; Nu's CISO; IRB's international expan..."

Research evidence excerpt

The Financial Espresso "MELI in MX; Nu's CISO; IRB's international expan..."

Global Research

9 June 2026ab

The Financial Espresso Equities

Latin AmericaMELI in MX; Nu's CISO; IRB's international

expansion; Trade receivables; Digital Financial

payments in Bz; Kalshi; Visa KaioAnalystPrato

kaio.prato@ubs.com

+55-11-3513 6573

MercadoLibre to invest US$4.6bn in Mexico for logistics, innovation and Thiago Batista, CFA

Analystfinancial services

thiago.batista@ubs.com

According to Bloomberg Linea, MercadoLibre has announced plans to invest US +55-11-3513 6518

$4.6bn in Mexico, its second-most significant market in the region, by 2026. This

Camila Azevedo

figure marks a 35% increase compared to the US$3.4bn disclosed last year and will

Associate Analyst

be allocated to both MercadoLibre and Mercado Pago, its financial services arm, camila.azevedo@ubs.com

which it aims to transform into a bank. The announced investment will primarily +55-11-2767 6881

focus on logistics, technological development, and innovation for its e-commerce

Bruno Kenji

platform, as well as on advancing and enhancing financial services within its fintech

vertical. The company emphasized that the projected 2026 investment will bring its bruno.kenji@ubs.com

total commitment in Mexico over the past six years to US$14bn. Our take: As a +55-11-2767 6056

recap, MELI announced investments of ~US$10.9bn in Brazil, ~US$3.4bn in

Olavo Arthuzo

Argentina, ~US$750mn in Chile, ~US$600mn in Colombia, totalling ~US$20.3bn to be

Analyst

invested in 2026 (+57%YoY). olavo.arthuzo@ubs.com

+55-11-2767 6306

Nubank appoints Mr. John Walton as CISO; strengthens information security

Beatriz Shinye

leadership Associate Analyst

Nubank announced the appointment of Mr. John Walton as Chief Information beatriz.shinye@ubs.com