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How IMPESA CEO Mario Hernanadez grew IMPESA 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)

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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.

IMPESA Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2013201520172019202120232024$0$3M$4M$5MSource: GetLatka.com
YearMilestoneQuote
2024IMPESA Hit $5.4m revenue in October 2024
2023IMPESA Hit $3.9m revenue in October 2023
2021IMPESA Hit $2.7m revenue in April 2021
2013Launched 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.

IMPESA Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Mario Hernanadez

Mario Vidal Fernandez has had 1 past job as the CEO and founder at Boricua Space.

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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.

IMPESA Team GrowthReported headcount over time08152330382013201520172019202120232024003535Source: GetLatka.com
YearMilestone
2024Reached 35 employees (December 2024)
2024Reached 34 employees (October 2024)
2023Reached 34 employees (October 2023)
2022Reached 33 employees (October 2022)
2021Reached 28 employees (December 2021)
2021Reached 34 employees (April 2021)

Frequently Asked Questions about IMPESA

What is IMPESA's revenue?

IMPESA generates $5.4M in 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 raised $0.

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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IMPESA Revenue 2024: $5.4M ARR (Bootstrapped)