Latin American mobile financial services company YellowPepper has been certified to participate in the Mobile Vendor Program powered by global payment services provider Western Union. Launched in 201002 in collaboration with Fundamo.
As a result Link to external site : Website for Yellow Pepper |  |
| Class of Trade | Vendor |
| Importance |
Leader Upgrade to Bronze |
| Based in | |
| Operates in | |
| Geographic Reach |
9 countries: Mexico, Colombia, Peru, Ecuador and Guatemala, Dominican Republic, Bolivia, Haiti, Panama; Employs 135 people in 10 countries Register/Log In |
| Founded |
2004 Register/Log In |
| Partners |
MNO partners: Alegro, Cable & Wireless Panama, Claro, Comcel, Digicel Haiti, Entel, Movistar, Orange, tigo, Vivo;
2010: Equity investment from IFC;
201002: Fundamo;
201103: Western Union;
2009: Credibanco payment network Colombia;
2010: relationships with several of the region’s financial institutions including Banco Pichincha in Ecuador, Banco AV Villas, Banco De Bogota, Banco De Occidente and Banco Popular in Colombia and Banco Bisa in Bolivia.
Peru - Scotiabank, MiBankco, Banco Credito & others Upgrade to Bronze |
| Roles |
Vendor Upgrade to Bronze |
| Class | |
| UserBase (m) |
201202: 3.2m monthly active users handling 14m txns pmth; Address unbanked, underserved, rural - though they are a mobile banking company Upgrade to Bronze |
| Merchant Base | |
| Business Model |
2010: More than 30 corporations within the retail, insurance, food distribution, importing, entertainment and pharmaceutical industries are using its mobile commerce service. Upgrade to Bronze |
| Currencies dealt with |