Tech firm expands, relocates in Miami’s Wynwood neighborhood
Posted on January 10, 2014 by nina
Published by South Florida Business Journal
Miami’s Wynwood neighborhood is gaining another technology firm’s headquarters – this time for mobile payment company YellowPepper.
The company said it is moving its corporate headquarters from Aventura to Wynwood, and hiring 10 new digital/software developers in the meantime. YellowPepper provides mobile banking and payment applications, mostly in Latin America.
“Wynwood is becoming the hub for creativity and tech development in Miami,” YellowPepper COO Alberto Bonetti said. “It has a really creative vibe there, and we want [the new hires] to capture that and interact with that.”
Wynwood is home to The LAB Miami, a shared workspace with support for entrepreneurs, and various art galleries and other businesses. It recently hosted several big tech conferences.
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“We’re building up a new team of top-notch developers, and we think the best place to put them would be Wynwood,” Bonetti said.
He said YellowPepper currently has more than 50 employees, but they are mostly outside the U.S. The company uses developers in Vietnam and Ecuador.
“We’re launching a new project soon, and we decided it would be based in Miami so we get the highest-quality people,” Bonetti said.
The company is renovating a former warehouse in the heart of the Wynwood neighborhood.
Wynwood Walls, near the site of the Maker Faire. The event also highlighted Wynwood’s neighborhood and cultural scene.
Paul Brinkmann covers venture capital, technology, law, energy and environment.