12 Best Fintech Stocks to Buy in 2025

4. MercadoLibre, Inc. (NASDAQ:MELI)

Number of Hedge Fund Holders: 96

The largest e-commerce platform in Latin America is operated by MercadoLibre, Inc. (NASDAQ:MELI), which, as of the last report, has over 218 million active customers and 1 million active vendors in 18 countries using its financial solutions or commerce network. In addition to its primary online store, the company runs several supplementary businesses.

MercadoLibre, Inc. (NASDAQ:MELI) has a massive e-commerce business that generates well over $50 billion in merchandise sales volume annually and is still expanding at a remarkable rate. In recent years, the company has also established a financing business (Mercado Credito) and a logistics platform (Mercado Envios), both of which have seen significant growth. Mercado Credito is especially appealing, with a 77% year-over-year increase in the credit portfolio by late 2024, making the company one of the Best Fintech Stocks to buy in 2025.

From a fintech standpoint, though, the most attractive is the Mercado Pago payments platform. The company handles over $200 billion in annual payments and is expanding far more quickly than the e-commerce industry. The fact that Mercado Pago is expanding the fastest in terms of accepting payments outside of MercadoLibre, Inc. (NASDAQ:MELI)’s e-commerce platform is the most encouraging.

Joao Pedro Soares, a Citi analyst, maintained his Buy recommendation on MercadoLibre, Inc. (NASDAQ:MELI) shares and increased the price objective from $2,400 to $2,450. According to the firm, reduced country risk more than offsets the devaluation of the Argentine peso.

Lakehouse Global Growth Fund stated the following regarding MercadoLibre, Inc. (NASDAQ:MELI) in its February 2025 investor letter:

“The Funds largest position, e-commerce leader MercadoLibre, Inc. (NASDAQ:MELI), delivered another impressive quarterly result, combining robust growth with improving profitability. Net revenue grew 37% year-on-year in U.S. dollar terms to $6.1 billion while operating margins climbed to 13.5%, which was particularly pleasing given the company remains firmly in reinvestment mode. Key operational metrics for its marketplace underscored this strength, with items sold increasing 27%, unique buyers climbing 24% to a new high of 67 million and items per buyer increasing to 7.8. Importantly, the company continues to gain incremental market share in its primary regions, namely that of Brazil and Mexico.

The outperformance of the company’s advertising business also continues to be bright spot, growing 40% plus year-on-year in USD terms. As of today, the advertising business still only represents 2.1% of GMV, which is well below the level of more mature e-commerce peers globally and suggests there is still plenty of runway to grow the ads business. This not only provides another attractive growth vector but also a meaningful lever to improve profitability over time given the higher-margin nature of advertising revenue.”