v3.26.1
SECURITIZATION TRANSACTIONS (Tables)
 6 Months Ended
Jun. 30, 2026
Securitization Transactions [Abstract]  
Schedule of Collateralized Debt
The following table summarizes the Company’s collateralized debt under securitization transactions, as of June 30, 2026:
SPEsCollateralized debt
(In millions)		Interest rateCurrencyMaturity
Mercado Crédito I Brasil Fundo de Investimento Em Direitos Creditórios Não Padronizados$99
CDI + 2.25%
Brazilian ReaisMarch 2027
Mercado Crédito I Brasil Fundo de Investimento Em Direitos Creditórios Não Padronizados19
CDI + 5.25%
Brazilian ReaisJune 2029
Mercado Crédito Fundo de Investimento Em Direitos Creditórios Não Padronizado177
CDI + 2.50%
Brazilian ReaisMarch 2029
Mercado Crédito II Brasil Fundo De Investimento Em Direitos Creditórios Nao Padronizados233
CDI + 1.75%
Brazilian ReaisOctober 2031
Mercado Crédito II Brasil Fundo De Investimento Em Direitos Creditórios Nao Padronizados61
CDI + 5.25%
Brazilian ReaisJune 2028
Mercado Crédito Estruturado Fundo De Investimento Em Direitos Creditórios11
CDI + 4.50%
Brazilian ReaisNovember 2027
Seller Fundo De Investimento Em Direitos Creditórios29
CDI + 1.40%
Brazilian ReaisSeptember 2026
Seller Fundo De Investimento Em Direitos Creditórios20
CDI + 1.60%
Brazilian ReaisNovember 2026
Seller Fundo De Investimento Em Direitos Creditórios295
CDI + 0.85%
Brazilian ReaisMay 2028
Seller II Fundo De Investimento Em Direitos Creditórios Segmento Meios De Pagamento De Resp Ltda194
CDI + 0.85%
Brazilian ReaisJuly 2027
Seller III Fundo De Investimento Em Direitos Creditórios Segmento Meios De Pagamento De Resp Ltda305
CDI + 0.65%
Brazilian ReaisFebruary 2029
Mercado Crédito XXXVIII2
TAMAR rates plus 100 basis points with a min 15% and a max 50%
Argentine PesosMay - August 2026 (1)
SPEsCollateralized debt
(In millions)		Interest rateCurrencyMaturity
Mercado Crédito XXXIX13
TAMAR rates plus 100 basis points with a min 25% and a max 50%
Argentine PesosJuly - October 2026 (1)
Mercado Crédito XL10
TAMAR rates plus 100 basis points with a min 20% and a max 75%
Argentine PesosJuly - November 2026 (1)
Mercado Crédito XLI9
TAMAR rates plus 100 basis points with a min 20% and a max 75%
Argentine PesosAugust - December 2026 (1)
Mercado Crédito XLII 23
TAMAR rates plus 100 basis points with a min 20% and a max 75%
Argentine PesosSeptember - December 2026 (1)
Mercado Crédito XLIII59
TAMAR rates plus 100 basis points with a min 20% and a max 75%
Argentine PesosOctober - December 2026 (1)
Mercado Crédito XLIV59
TAMAR rates plus 100 basis points with a min 17% and a max 55%
Argentine PesosDecember 2026 - February 2027 (1)
Mercado Crédito XLV60
TAMAR rates plus 100 basis points with a min 17% and a max 55%
Argentine PesosJanuary - May 2027 (1)
Mercado Crédito XLVI61
TAMAR rates plus 100 basis points with a min 17% and a max 50%
Argentine PesosFebruary - May 2027 (1)
Mercado Crédito XLVII60
TAMAR rates plus 100 basis points with a min 17% and a max 50%
Argentine PesosMarch - August 2027 (1)
Mercado Crédito XLVIII66
TAMAR rates plus 100 basis points with a min 17% and a max 50%
Argentine PesosApril - August 2027 (1)
Mercado Crédito XLIX71
TAMAR rates plus 100 basis points with a min 17% and a max 50%
Argentine PesosMay - September 2027 (1)
Mercado Crédito L76
TAMAR rates plus 100 basis points with a min 17% and a max 45%
Argentine PesosJune - October 2027 (1)
Mercado Crédito LI81
TAMAR rates plus 100 basis points with a min 15% and a max 45%
Argentine PesosJune - September 2027 (1)
Fideicomiso Irrevocable de Administración y Fuente de Pago F/6203296
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.20%
Mexican PesosNovember 2029
Fideicomiso Irrevocable de Administración y Fuente de Pago 6189220
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.55%
Mexican PesosApril 2027
Fideicomiso Irrevocable de Administración y Fuente de Pago Número F/6279259
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.50%
Mexican PesosAugust 2027
Fideicomiso Irrevocable de Administración y Fuente de Pago F/6191675
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.20%
Mexican PesosJune 2027
Frontal Trust Mercado Pago Créditos Fondo de Inversión22
TAB 30 + 2.10%
Chilean PesosNovember 2029
Frontal Trust Mercado Pago Créditos Fondo de Inversión4
TAB 30 + 3.90%
Chilean PesosNovember 2029
SPEsCollateralized debt
(In millions)		Interest rateCurrencyMaturity
Frontal Trust Mercado Pago Créditos Fondo de Inversión18
TAB 30 + 4.25%
Chilean PesosNovember 2029
$3,587
(1) Minimum and maximum maturity depending on the applicable interest rate within the range.
Schedule of Assets and Liabilities of the Trust
The assets and liabilities of the SPEs through which the Company securitizes financial assets as of June 30, 2026 and December 31, 2025 are as follows:
June 30,
2026		December 31,
2025
Assets(In millions)
Current assets:
Cash and cash equivalents$76 $— 
Restricted cash and cash equivalents (1)373 422 
Loans receivable, net of allowances3,291 2,632 
Intercompany receivables2,079 1,419 
Total current assets5,819 4,473 
Non-current assets:
Long-term investments— 8 
Loans receivable, net of allowances282 218 
Total non-current assets282 226 
Total assets$6,101 $4,699 
Liabilities
Current liabilities:
Loans payable and other financial liabilities$2,356 $1,039 
Intercompany liabilities396 147 
Total current liabilities2,752 1,186 
Non-current liabilities:
Loans payable and other financial liabilities1,231 1,813 
Total non-current liabilities1,231 1,813 
Total liabilities$3,983 $2,999 
(1) Restricted cash and cash equivalents from the SPEs include balances maintained in digital wallets that are eliminated for consolidation purposes.