Is MercadoLibre (MELI) One of the Most Promising Fintech Stocks to Buy?

The probe steadfast noted that MercadoLibre, Inc. (NASDAQ:MELI) continues to present coagulated recognition performance, with nary signs of weakening. In its Q1 2026 results, the institution said its fintech concern remained strong. Monthly progressive users (MAUs) climbed 29% year-over-year to scope 83 million. MercadoLibre, Inc. (NASDAQ:MELI) added astir 20 cardinal users successful 1 year. The institution besides said that maturation accelerated successful some Brazil and Mexico, portion caller customers are showing the highest levels of retention and engagement the institution has seen.

Assets nether absorption (AUM) reached astir $20 billion, up 77% year-over-year. The institution said this maturation was much than treble the gait of MAU growth, showing that users are keeping much of their wealth successful Mercado Pago. According to MercadoLibre, Inc. (NASDAQ:MELI), customers are attracted by deposit returns that are hard for incumbent banks to match.

The institution besides said the enlargement of its recognition portfolio reflects higher idiosyncratic engagement and the company's quality to monetize its cross-sell of fintech services. MercadoLibre, Inc. (NASDAQ:MELI) recognition portfolio grew 87% year-over-year to $14.6 cardinal successful the archetypal 4th of 2026, marking the largest quarterly summation successful nominal terms.

MercadoLibre, Inc. (NASDAQ:MELI) is the starring e-commerce and fiscal exertion institution successful Latin America with a beingness successful 18 countries.

While we admit the imaginable of MELI arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Most Profitable Cheap Stocks to Buy Right Now and Top 10 Hot Stocks with the Highest Upside Potential.

Disclosure: None.  Follow Insider Monkey connected Google News.