Raimundo Morales, CEO of Yape - The SuperApp for 16 Million Peruvians Redefining Financial Inclusion

Send us a text

Miguel Armaza interviews Raimundo Morales, CEO of Yape, the dominant fintech app in Peru and certainly one of the biggest consumer fintechs in the world. Yape has 16 million users in Peru, which represents 80% of the country’s total population. On average, they process 550+ million payments a month and are doubling in volume on a yearly basis. 

They are big and extremely important for the country. If Latin America runs on WhatsApp, it’s fair to say Peru runs on Yape.

In this episode, we discuss:

• The strategy to led them to onboard 65% of Peru’s adult population as daily active users in just eight years
• Yape was built within Credicorp, a $14Bn company traded on the NYSE. How were they able to build a fintech disruptor within a large corporation?
• The road to building a super-app
• Why you should always set irrational goals, winning the war on cash… and a lot more!

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.

Do you prefer a written summary? Check out the Fintech Leaders newsletter and join ~70,000+ readers and listeners worldwide!

Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.

Miguel on LinkedIn: https://bit.ly/3nKha4Z

Miguel on Twitter: https://bit.ly/2Jb5oBc

Fintech Leaders Newsletter: bit.ly/3jWIp