Grupo Vimenca
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| Private | |
| Industry | Money Transfer Banking Services BPO and Outsourcing Solutions Multiple Payments Services |
| Founded | 1950 |
| Founder | Victor Méndez Capellán |
| Headquarters | Santo Domingo, Dominican Republic |
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Key people
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Victor Méndez Capellán, President (Chairman) |
| Website | http://vimenca.com/ |
Grupo Vimenca is a privately held group of financial services companies in Dominican Republic with headquarter in Santo Domingo. It was established in 1950 by President and Founder of the group Victor Méndez Capellán . This family-owned company that began as a small business with one employee, today offers consumers global money transfer services through Western Union, in addition to banking, mortgage, business- to-business call center services, international holders and parcel services and multiply payments services.
The history of the group started with IATA agency. The first Dominican agency that had offered the program called “Travel now and pay later". Program which had given opportunity to more than 650 000 Dominicans to emigrate, in majority to United States. From here starts the story of Vimenca Group. In 1989, Vimenca obtained the exclusive representation of Western Union, to provide the services of transfer of money in the territory of the Dominican Republic.
Nowadays Vimenca Group comprises five service companies:
Grupo Vimenca Agreement Extends Western Union’s Presence in Dominican Republic [1]
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Wikipedia