Tagged: pomelo

Fintech Pomelo Reports $40M in New Funding, with Aim of Enhancing Payment Technology in LatAm Markets

Pomelo is reporting that it has raised a new funding round of $40 million, with the aim of consolidating their leadership in payment technology in Latin America. Pomelo says its investment round was led by Kaszek, which is reportedly one of the largest venture capital… Read More

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

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

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

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

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