YellowPepper, a Miami, Fla.-based digital finance platform, closed $12.5m in Series D financing.
Backers included Visa (NYSE: V) and current investors.
The company intends to use the funds to expand the momentum of its
Founded in 2004 by Serge Elkiner, Chief Executive Officer, YellowPepper provides a digital finance platform that gives consumers, merchants, issuers and processors the means to facilitate the purchasing experience via mobile.
Operating in six Latin American countries, the company currently enables over 6.6 million monthly active users that execute 480 million transactions yearly, while connecting them with more than 400,000 merchants.