Wallets/tigo-money
Tigo Money (Millicom Latin America)
0 standards supported
Supported standards
This wallet supports the following visual-code standards:
Overview
Tigo Money is Millicom (Tigo) Group's pan-Latin-American mobile wallet + agent-network, with presence in 5 countries: Guatemala, El Salvador, Honduras, Bolivia, Paraguay [1, 2, [latam-cro]]. Tigo Money revolutionizes financial inclusion through digital technology benefiting millions of customers daily across Tigo telco territories.
Tigo Money Bolivia [2]: largest network in Bolivia with 3,500+ Tigo Money Points (cash-in/cash-out + transactions) — distinctive Bolivia coverage. Latest app version 8.0.17 released January 2025.
2025 Visa partnership [3]: Millicom (Tigo) Fintech business Tigo Money + Visa collaboration to boost financial inclusion across Latin America.
Existing per-country entries in standards-extracted corpus: tigo-money-bo (Bolivia), tigo-money-hn (Honduras), tigo-money-gt (Guatemala) — Batches 33-34 of standards extraction.
History
2010 — Tigo Money launches [1]: Pan-LATAM mobile financial services under Millicom (Tigo).
2010-2024 — 5-country LATAM expansion [1]: GT + SV + HN + BO + PY.
January 2025 — Bolivia app v8.0.17 [2].
2025 — Visa partnership for LATAM financial inclusion [3].
Ownership & operator
Operating entity: Tigo Money — fintech business of Millicom International Cellular S.A. (Tigo Group).
Parent: Millicom (NASDAQ: TIGO) — Luxembourg-headquartered LATAM telco; Atlas Investissement (Xavier Niel) major shareholder (Iliad founder, $5B+ stake mid-2025).
Regulators: Per-country — BCB (Bolivia) + BCP (Paraguay) + BCG (Guatemala) + BCRES (El Salvador) + CNBS (Honduras).
Technical integration
| Layer | Description |
|---|---|
| Channels | Tigo Money mobile app (iOS + Android, per-country) + agent network + merchant QR |
| Identifiers | Phone |
| Countries active | Guatemala + El Salvador + Honduras + Bolivia + Paraguay (5 countries) |
| Per-country apps | Billetera Tigo Money Bolivia + Billetera Tigo Money Paraguay + per-country branded |
| Bolivia distinctive | 3,500+ Tigo Money Points (cash-in/out network) |
| 2025+ network partner | Visa (LATAM financial inclusion collaboration) |
Use cases
P2P transfers (free in Paraguay); cash-in/cash-out via 3,500+ Bolivia Tigo Money Points; merchant payments + transfers; bill payments + utilities; mobile top-ups + airtime; financial inclusion for LATAM unbanked.
Implementations & partners
Operator: Tigo Money (Millicom International Cellular fintech business).
Parent: Millicom (NASDAQ: TIGO) — Luxembourg-headquartered LATAM telco.
Major Millicom shareholder: Atlas Investissement (Xavier Niel; Iliad founder) — $5B+ Millicom stake (mid-2025).
Strategic partner: Visa (2025+ LATAM financial inclusion).
Major per-country LATAM-mobile-money competitors:
- [[mercado-pago]] (LATAM super-app + wallet)
- [[picpay]] (Brazil mobile wallet)
- modo (Argentina bank-consortium)
- nequi (Colombia Bancolombia spin-off)
- mtn-momo + airtel-money (analogous African telco-led mobile money)
Fun facts
- 2010 launch by Millicom as LATAM mobile financial services.
- 5-country LATAM presence: GT + SV + HN + BO + PY.
- 3,500+ Tigo Money Points in Bolivia — largest country-specific cash-in/out network.
- Atlas Investissement (Xavier Niel) is major Millicom shareholder — Iliad founder LATAM-telco strategic play.
- January 2025 Bolivia app v8.0.17.
- 2025 Visa partnership for LATAM financial inclusion.
- Free P2P transfers in Paraguay (distinctive consumer-friendly model).
Comparison
| Feature | Tigo Money | [[mercado-pago]] (LATAM super-app rival) | nequi (CO bank-spinoff) | mtn-momo (Africa analogous telco-led mobile money) | airtel-money (Africa analogous telco-led) |
|---|---|---|---|---|---|
| Operator | Tigo Money (Millicom International Cellular fintech) | Mercado Pago (MercadoLibre) | Nequi (Bancolombia business line) | MTN Group (JSE: MTN) | Airtel Africa (LSE: AAF) |
| Type | 5-LATAM telco-led mobile financial services | LATAM super-app + wallet | CO bank-spinoff digital wallet → neobank | Multi-African mobile money | Multi-African mobile money |
| Country | GT + SV + HN + BO + PY (5) | 8 LATAM | Colombia | 17 African | 14 African |
| Distinctive | Bolivia 3,500+ Tigo Money Points + Paraguay free P2P | LATAM #1 super-app + wallet | 23.5M users + Bancolombia A La Mano | MTN Group telco-led | Airtel Africa telco-led |
| Telco parent | Millicom (NASDAQ: TIGO; Atlas Investissement/Xavier Niel stake) | n/a (e-commerce-led MercadoLibre) | Bank-spinoff (no telco) | MTN African telco | Airtel African telco |
| 2025 partnership | Visa LATAM financial inclusion | LATAM growth | Bre-B integration | African expansion | African expansion |
Status
Active, pan-LATAM mobile-money fintech of Millicom Tigo Group [1, 3]:
- Tigo Money since 2010 across 5 LATAM countries (GT + SV + HN + BO + PY).
- Bolivia 3,500+ Tigo Money Points + Paraguay free P2P + January 2025 BO app v8.0.17.
- 2025 Visa LATAM financial-inclusion partnership.
- Millicom (NASDAQ: TIGO) parent with Atlas Investissement (Xavier Niel) major shareholder.
Sources
- 1 Tigo Money — official
- 2 Tigo Money Bolivia — official
- 3 Millicom + Visa LATAM partnership
- 4 Tigo Money Paraguay — official
- [latam-cro] In-corpus: see GT/SV/HN/BO/PY country reports + standards/tigo-money-bo, tigo-money-hn, tigo-money-gt entries
Source
Biography extracted from tigo-money.md. See matrix.md for standards-support matrix if present.