2024 Revenue
$5.4M
Funding
$0
YOY
39.4%
Team
35
Founded
2013
How IMPESA CEO Mario Hernanadez grew to $5.4M revenue with a 35 person team in 2024.
IMPESA +506 4060-2035
Founded in June of 2013, IMPESA is an innovator of electronic payment solutions. Its flagship product Monibyte, is the first in series of a fintech SaaS solutions.
IMPESA is headquartered in Costa Rica where all of its engineering, programming, development, customer service, testing and QA is done in-house. In Q4 2016, IMPESA opened an additional office in Orlando, Florida to focus on global expansion servicing North America and Europe.
Working in conjunction with banks and their commercial customers, and with Visa and/or MasterCard, IMPESA's Monibyte software allows corporate bank business customers to manage and control the way their credit cards are used. The software allows these corporations to implement, in real-time, a number of security restrictions, control of transactions, change authorization parameters, generate reporting and data mining for the companies' projections and integrate their transactions with most major ERPs (Enterprise Resource Planning)
Last updated
IMPESA Revenue
In 2024, IMPESA's revenue reached $5.4M. The company previously reported $3.9M in 2023. Since its launch in 2013, IMPESA has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | IMPESA Hit $5.4m revenue in October 2024 | |
| 2023 | IMPESA Hit $3.9m revenue in October 2023 | |
| 2021 | IMPESA Hit $2.7m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
IMPESA Valuation, Funding Rounds
IMPESA is a bootstrapped Enterprise Payment Software startup. Founded in 2013, IMPESA has grown to $5.4M in revenue without raising any venture capital or outside funding.
As a self-funded Enterprise Payment Software SaaS company, IMPESA has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Mario Hernanadez
CEO
Mario Vidal Fernandez has had 1 past job as the CEO and founder at Boricua Space.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for IMPESA yet.
IMPESA Employees & Team Size
IMPESA employs approximately 35 people as of 2026, up from 34 in 2023, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 35 employees (December 2024) |
| 2024 | Reached 34 employees (October 2024) |
| 2023 | Reached 34 employees (October 2023) |
| 2022 | Reached 33 employees (October 2022) |
| 2021 | Reached 28 employees (December 2021) |
| 2021 | Reached 34 employees (April 2021) |
Frequently Asked Questions about IMPESA
What is IMPESA's revenue?
IMPESA generates an estimated $5.4M in annual revenue.
Who founded IMPESA?
IMPESA was founded by Mario Hernanadez.
Who is the CEO of IMPESA?
The CEO of IMPESA is Mario Hernanadez.
How much funding does IMPESA have?
IMPESA is bootstrapped and has not raised outside funding.
How many employees does IMPESA have?
IMPESA has 35 employees.
Where is IMPESA headquarters?
IMPESA is headquartered in Escazú, Costa rica.
Compare IMPESA to the industry
IMPESA operates across multiple industries. Browse revenue, funding, and growth data for IMPESA in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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