Ubii Pagos C.A
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Ubii Pagos C.A - overview
Established
2013
Location
Caracas, -, Venezuela
Primary Industry
Financial Services
About
Based in Caracas, Venezuela, and founded in 2013, Ubii Pagos C. A operates as a software company that develops payment solutions that offer a wallet that can be recharged in bolivars. The company was founded by its CEO Ramon Velasquez. In September 2022, Ubii Pagos C.
A raised USD 4. 5 million in seed funding. The company offers an application that allows its users to send and receive payments in Bolivar. The visa debit card offered by the firm allows its users to recharge it through bank transfers and mobile payments up to USD 1000 at the official rate of the central bank of Venezuela (BCV).
It does not offer any bank account, nor it is performing the functions of the banking institution. It only offers a wallet that can be recharged in bolivars. The fintech company also has card machines on offer, which allows businesses to accept payment through cards. Model N3, Model K300, and Model S920 are portable and wireless machines that the firm offer.
The company generates its revenue by selling card machines and wallet cards paired with MasterCard. It offers the card to the public for USD 4. 4 whereas card machines for businesses at USD 285 (Model K300), USD 383 (Model S920), and Model N3 for USD 470. The company plans to use September 2022, funds to invest in the acquisition of users, working capital, and integration of new talent, develop new products and strengthen its payments infrastructure.
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.ubiipagos.com
Verticals
Cloud Computing, FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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