Category Archives: Articles

YellowPepper lands $19M in venture capital

YellowPepper lands $19M in venture capital Celia Ampel South Florida Business Journal Miami-based YellowPepper just closed a $19 million funding round to further develop its Yepex mobile payment app. Mexico's LIV Capital led the round. Other investors included Mexico Ventures, Fondo de Fondos and International Finance Corporation/World Bank Group. Yepex aims to help customers in Latin America pay for purchases with a smartphone. It launched in Colombia and Mexico on the heels of the U.S. debut of Apple Pay, Apple's mobile payments service. "People believe that mobile payments is going to happen," YellowPepper CEO Serge Elkiner told the Business Journal in November. "Even Apple now believes that it's going to happen. So now it's a question of making sure people know how it works." YellowPepper launched in 2004 to provide mobile banking services to Latin American countries. http://http://www.yellowpepper.com

10 business lessons from Square co-founder Jim McKelvey

No one says no to Jim McKelvey. The co-founder of Square got a "yes" from every venture capital firm he pitched on the mobile payments company, now worth $6 billion. And his nonprofit LaunchCode, which links people with coding apprenticeships, has partnered with every company it's approached — including about 90 in South Florida so far. The organization will have its local launch March 4 at Miami Dade College. (more…)