Uruguayan foodtech PedidosYa expanded its services to offer financial products to restaurants, including loans and digital wallets. PedidosYa plans to extend similar offerings to gig workers on its platform.
“Without being a bank, we provide loans to restaurants to finance working capital or expand their business. We are also developing a wallet-like account that allows partners to make transfers, pay suppliers, get personal credit cards, advance payments, and invest their money,” said PedidosYa CEO Esteban Gutierrez.
PedidosYa operates an on-demand delivery platform, connecting users with restaurants, grocery stores, pharmacies, convenience stores, and couriers. It also offers last-mile logistics services for e-commerce businesses through PedidosYa Envíos.
Founded in 2009, PedidosYa operates in 15 countries in Latin America, including Argentina, Chile, Costa Rica, Dominican Republic, Panama, Peru, and Uruguay.
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