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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Payments
yellowpepper.com

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Founded Year

2004

Stage

Acquired | Acquired

Total Raised

$51.5M

About YellowPepper

YellowPepper offers mobile financial services to enable monetary and informational transactions between institutions, businesses and consumers in the LatAm region. The YellowPepper platform aims to enable financial institutions to easily launch card and account agnostic real-time payments solutions, while providing value added services such as tokenization, identity validation and risk tools to deliver a complete transaction and service offering. The solution generates revenue opportunities and cost reductions for banks, credit cards companies, cell companies, retailers and logistics operators while solving challenges faced by more than 500 million consumers. YP addresses the challenges faced by consumers in performing tasks such as banking, payment of bills and taxes, purchasing prepaid mobile phone air time, shopping at local retailers, and conducting p2p transactions.On October 28th 2020, YellowPepper was acquired by Visa. The terms of the transaction were not disclosed. At the time of its acquisition, YellowPepper was operating in 9 Latin American countries, and the Miami-based company served 50 clients.

YellowPepper Headquarter Location

7223 NW 2nd Ave.

Miami, Florida, 33150,

United States

+1 954 348 9415

Latest YellowPepper News

Peruvian Central Bank registers nine providers for QR Code payments

May 18, 2021

Niubiz, Vendemás, YellowPepper, Izipay, Lukita (BBVA), FPay (Falabella), Mercado Pago, Yape (BCP) and Tunki (Interbank) are now allowed to make payments with QR Code in brick-and-mortar stores Photo: Courtesy/BCRP UPDATED 11:34 BRT Peruvian Central Bank said this first registration makes progress in the digital payments standardization process in the country; In a statement, Peru’s Central Bank said QR Codes have been used in several countries as an instrument of financial inclusion. Peruvian Central Bank (Banco Central de Reserva del Perú) allowed nine digital payment provider companies to operate with QR Code payments in the country. In a statement, Peru’s Central Bank said QR Codes have been used in several countries as an instrument of financial inclusion to promote digital payments between merchants and their customers, regardless of the financial entity that provides the service. According to the Central Bank, “this registry seeks to standardize and promote interoperability, access, information transparency and adequate risk management.” The entities that to date have been registered with Peru’s Central Bank QR Code providers are Niubiz, Vendemás, YellowPepper, and Izipay. As a digital wallet provider, Central Bank registered Lukita, from Banco BBVA. Banco Central de Reserva del Perú also registered FPay (from retailer Falabella), Mercado Pago (Mercado Libre‘s financial arm), Yape (from Banco de Crédito del Perú), and Tunki (from Interbank) as a QR Code provider and a digital wallet. Peruvian Central Bank said this first registration makes progress in the digital payments standardization process, so that soon only the presentation of the QR code will be required in stores, and it is read by the digital wallet available on each client’s mobile.

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Research containing YellowPepper

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned YellowPepper in 2 CB Insights research briefs, most recently on Nov 9, 2021.

Expert Collections containing YellowPepper

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

YellowPepper is included in 3 Expert Collections, including Fintech.

F

Fintech

8,421 items

P

Payments

1,767 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

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