Overview of Transaction

• On October 27, 2020, Visa announced it has agreed to acquire YellowPepper
• The acquisition of YellowPepper builds on a strategic partnership and investment Visa made in YellowPepper in May 2018
• Founded in 2004 and based in Miami, FL, YellowPepper provides innovative digital financial solutions in nine Latin American countries and currently serves 50 clients and five million monthly active users
• The Company’s platform enables financial institutions to easily launch card and account agnostic real-time solutions, while providing value added services such as tokenization, identity validation and risk tools to deliver a complete transaction and service offering

Significance of Transaction

• The acquisition of YellowPepper will accelerate the adoption of Visa’s “network of networks” strategy by significantly reducing the time-to-market and cost for issuers and processors associated with accessing innovative and interoperable solutions, regardless of who owns or operates the payment rails
• YellowPepper will facilitate an easier integration to Visa Direct, Visa’s real-time push payments platform, Visa B2B Connect, Visa’s non-card-based payment cross-border B2B network, and value added services, expanding digital products and services enablement

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to YellowPepper
• FT Partners previously advised YellowPepper on its strategic financing from Visa in May 2018
• This transaction demonstrates the long-term nature of many of FT Partners’ client relationships and highlights our deep domain expertise and transactional excellence across FinTech and the Payments sector