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November 17, 2022
1 min read

Yaperos will be able to invest in mutual funds from their cell phone

Yaperos will be able to invest in mutual funds from their cell phone

About seven million They will be able to invest from their cell phone in mutual funds managed by Credicorp Capital SA SAF from S/20 or US$5.

This will be carried out by the new “Invest with tyba” functionality that will be available in the Yape application and will allow users to invest without paperwork or transaction costs.

The CEO of tyba, Valdemaro Mendoza, stated that they seek to promote financial inclusion in the country, mainly the “centennial and millennial” generation who are most active in tyba.

“With this alliance we seek to continue promoting the financial inclusion of the country, especially the centennial and millennial generation, who are the most active in tyba, who carried out nearly 4,000 transactions with an average amount of $381 in the first half of 2022 Along these lines, Yape was a perfect fit for this alliance due to the profile of clients it has,” he commented.

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Meanwhile, Jorge Bravo, product owner of Yape, stated that they aim to go from being an application to make payments, “to being a super app that solves the different needs of yaperos” such as putting their money to work.

“We both share the goal of making financial operations much easier and friendlier, so we are sure that tyba in Yape will be the first experience of many people in the world of investments,” he added.

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