Tpaga

Tpaga is a mobile wallet service aimed at unbanked consumers in Latin America, specifically operating in Colombia and Mexico. With over 50% of the population lacking credit cards or bank accounts, Tpaga leverages the widespread use of mobile phones to provide financial access. Users can deposit cash at a network of approximately 4,000 kiosks and utilize those funds to pay for utility bills, top up mobile phones, and make purchases at supermarkets and gas stations. Notably, Tpaga has pioneered the ability for consumers to pay for groceries without a bank account and enables unbanked merchants to accept payments without needing traditional point-of-sale systems. Additionally, the company offers a Fintech-as-a-Service platform that provides banking APIs and white-label mobile wallets to banks, fintechs, telecommunications companies, and retailers, facilitating various digital transactions for users.