Fintech Pomelo Reports $40M In New Funding, With Aim Of Enhancing Payment Technology In LatAm Markets crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
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 finance players a way to launch virtual accounts and issue prepaid and credit cards via compliant onboarding processes. Pomelo went live with its first customer in January of 2022 at the time only supporting pre-paid products in Argentina.
Venture Fund Has $1 Billion Ready for Latin America Tech Rebound bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.