Pomelo
‘Send now, pay later’ startup Pomelo lands $35M Series A from secretive Vy Capital, Founders Fund
Pomelo, a startup that combines international money transfer with credit, has raised $35 million in a Series A round led by Dubai venture firm Vy Capital, TechCrunch has exclusively learned.…
Pomelo stacks $40M to scale its payments infra business in LatAm
Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding. The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded…
Pomelo exits stealth mode with $20M seed to rethink international money transfer
Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. Instead of sending money to his family…
Why LatAm’s fintech boom is more than hype and superlative venture investment
Let’s explore just how much more money fintech startups in Latin America are raising this year before turning to discuss the logic behind the influx.
Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo
Just over five months after raising a $9 million seed funding round, Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by…
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Pomelo raises $9M to build a payments infrastructure for LatAm fintechs
Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. The COVID-19 pandemic has accelerated the adoption…
