YellowPepper USA, LLC

YellowPepper USA, LLC is a technology firm focused on revolutionizing payment experiences through its innovative platform, YEPEX, which enhances security and streamlines transactions for users. Founded in 2004 and headquartered in Miami, US, YellowPepper USA, LLC specializes in payment solutions. The company was notably acquired by Visa Inc. in October 2020.

Jack Bursztyn, the founder, has a background that includes experience in launching technology ventures. YellowPepper has successfully completed 8 deals, with the latest funding round being Series D, raising USD 12. 50 mn from Visa Inc. , which is the total amount raised to date.

YellowPepper provides advanced payment solutions centered around its YEPEX platform, featuring an Alias Directory Service that connects user aliases like mobile numbers and emails to payment credentials. This service enhances transaction efficiency and security, catering primarily to financial institutions and businesses in Latin America and the Caribbean, and facilitates local and domestic payments within participating networks. YellowPepper operates on a B2B revenue model, partnering with payment networks and financial institutions that integrate the company’s services into their offerings. Clients pay for integration and support services, utilizing subscription-based models for access to the Alias Directory Service and Directory Network Manager, tailored to their integration needs.

YellowPepper aims to expand its product offerings and is focused on further developing its payment solutions, although specific new products and their launch timelines have not been disclosed. In addition, the company plans to enter new geographic markets, particularly in Latin America and the Caribbean, leveraging the recent funding from the Series D round to enhance its operational capabilities and facilitate this expansion.