Pomelo Announces $35M Series A, Additional $75M Warehouse, Expanding Its Credit-Building Remittance Product tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
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. Additionally, the company is announcing a $75 million expansion of its warehouse facility. Founders Fund and A Capital also participated in the financing, along with early investor Afore Capital, and others.
/PRNewswire/ Pomelo, the first consumer fintech to enable international money movement with consumer credit, announced a Series A of $35 million in venture.
'Send now, pay later' startup Pomelo lands $35M Series A from secretive Vy Capital, Founders Fund techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.