Tpaga

Tpaga is a mobile wallet designed for unbanked consumers in Latin America, currently operating in Colombia and Mexico. With over 50% of the population lacking credit cards or bank accounts, the service utilizes cellphones, which are widely accessible, to facilitate financial transactions. Users can deposit cash at a network of approximately 4,000 kiosks and utilize their digital wallet to pay for utility bills, top up mobile services, and make purchases at supermarkets and gas stations. Tpaga has distinguished itself as the first mobile wallet in the region that enables grocery payments without requiring a bank account, thereby empowering unbanked merchants to accept payments without the need for traditional point-of-sale systems. Additionally, Tpaga offers a Fintech-as-a-Service platform that provides banking APIs and white label mobile wallet solutions to banks, fintech companies, telecommunications providers, and retailers, enhancing digital transaction capabilities across various sectors.