Tagged: pomelo

Galileo to Enable Fintech Pomelo’s “Remit Now, Pay Later” Credit Card to Improve Financial Access

November 20, 2022 @ 1:55 pm By Omar Faridi |

Galileo Financial Technologies, LLC, a financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced that its API-enabled financial technology powers Pomelo, a new charge card that “allows families in the U.S. to build and extend their credit access abroad without… Read More

Read more in: Fintech | Tagged apis, charge card, credit access, derek white, eric velasquez frenkiel, financial technology, galileo, galileo financial technologies, pomelo, remittances, sofi technologies, united states, us

Fintech Pomelo Launches with $20M Seed Capital, Will Combine Credit, Global Money Transfers

August 17, 2022 @ 5:07 pm By Omar Faridi |

Pomelo has announced a $20 million round in venture capital and $50 million in warehouse facility for a total of $70 million in seed financing, and claims to be “the first company to combine credit and international money transfer.” Pomelo also “announced its official launch… Read More

Read more in: Fintech | Tagged credit, eric velasquez frenkiel, international money transfer, investment round, john simbajon, keith rabois, money transfers, Philippines, pomelo, southeast asia