A Study of 18 Inclusive Business Initiatives - Scaling innovation for an emerging middle class
DineroMail is an e-commerce payments processor that facilitates electronic payments between businesses and customers. Founded in 2004 by entrepreneurs Alejandro Estrada and Alex Oxenford, DineroMail is incorporated in Delaware in the United States. The company operates in Argentina, Brazil, Chile, Mexico, and Colombia. As of February 2011, Naspers held a 79.71% equity stake. Other shareholders include IFC (14.31%) and DineroMail’s founders (6%).
For more information refer to the IFC website www1.ifc.org