Industry: Saas (Software as Service)

Founded: 2013

Founded in Costa Rica in 2013, Impesa is an innovator of mobile and digital payment solutions. The company has developed technologies including card integration with satellite positioning systems (GPS) for large local and multinational distribution companies that use the software to manage fleets. These technologies are included in Impesa’s revolutionary flagship SaaS platform, Monibyte. Developed completely in-house by a dedicated team of engineers and programmers, the software has processed millions of transactions with major international corporate clients since launching in 2014, and is expanding into US and international markets.

For banks, Monibyte is an unprecedented addition to their commercial and retail credit and debit card portfolios, and as a byproduct mitigates over 90% of credit card fraud, potentially saving millions.

For companies that are corporate customers of banks that offer Monibyte, it is an invaluable tool that allows 100% control of how every credit or debit card within the organization can be used. From sums of money, to type of currency, days of the week, time of day, geographic location and specific merchant; parameters can be changed instantly in real-time from the easy-to-use, web-based interface or smart phone app, without having to contact the bank. Monibyte integrates with most major ERPs, saving time and money on accounting tasks and eliminating expense reports.

Impesa’s Founder, Chairman and CEO, Mario Hernández, is a known expert in the field of electronic payment innovation. He was honored with International Banker’s Best Innovation in Retail and Commercial Banking award in 2015, interviewed at The London Stock Exchange, and was a featured speaker and panelist at the Mobile Payments Latin America Summit in 2016.

Impesa was selected to demo Monibyte at FinovateEurope 2017 in London, and was a PYMTS.com Innovation Project nominee in 2017.

Impesa has offices in San José, Costa Rica and Stamford, Connecticut. For more information, visit impesa.net