Pomelo
Founded Year
2021Stage
Series A - II | AliveTotal Raised
$61.5MLast Raised
$15M | 1 yr agoAbout Pomelo
Pomelo offers a digital payment platform. It provides solutions for businesses to create and manage their own financial products. It allows businesses to issue physical and virtual cards, manage digital accounts for their customers, and help businesses protect themselves from fraud. It was founded in 2021 and is based in Buenos Aires, Argentina.
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Pomelo's Products & Differentiators
Card Issuing
Compliant issuing for credit and prepaid cards.
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Research containing Pomelo
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Pomelo in 3 CB Insights research briefs, most recently on Oct 5, 2023.
Oct 5, 2023 report
The top 25 early-stage LatAm VCs
Expert Collections containing Pomelo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Pomelo is included in 2 Expert Collections, including Payments.
Payments
2,780 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
12,502 items
Excludes US-based companies
Latest Pomelo News
Aug 3, 2023
Pomelo expands to Chile Shares Argentinian fintech Pomelo announced its expansion to Chile. The company provides technology infrastructure to companies offering financial services in Latin America. “Chile is a desirable market due to its optimal infrastructure conditions, digital connectivity, and a very dynamic environment with a high penetration of financial services,” said Santiago Witis , Country Manager for Argentina and Chile. With this expansion, Pomelo is now operating in Argentina, Colombia, Brazil, Peru, and Chile. “Many of our clients mentioned their interest in expanding to Chile. Now they can leverage Pomelo’s scale and international presence to land in more countries,” added Witis.
Pomelo Frequently Asked Questions (FAQ)
When was Pomelo founded?
Pomelo was founded in 2021.
Where is Pomelo's headquarters?
Pomelo's headquarters is located at Avenida del Libertador 8620, Buenos Aires.
What is Pomelo's latest funding round?
Pomelo's latest funding round is Series A - II.
How much did Pomelo raise?
Pomelo raised a total of $61.5M.
Who are the investors of Pomelo?
Investors of Pomelo include Index Ventures, SciFi VC, Monashees+, Clocktower Technology Ventures, Insight Partners and 36 more.
Who are Pomelo's competitors?
Competitors of Pomelo include Stripe and 8 more.
What products does Pomelo offer?
Pomelo's products include Card Issuing and 2 more.
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Compare Pomelo to Competitors
Highnote is a purpose-built to grow customer loyalty, engagement, and revenue through embedded card issuance experiences. With an all-in-one platform and a fully integrated issuer processor to address the use cases of today and tomorrow, Highnote gives users control, flexibility, and speed to realize your customer vision through embedded finance experiences. The company was founded in 2020 and is based in San Francisco, California.
GoCardless provides online automated, and recurring payment services. It offers a payments network for businesses to take and settle recurring payments, instant bank payments, application (API) integrations, and more. The company was founded in 2011 and is based in London, United Kingdom.
i2c is a company that focuses on digital payments and banking, operating within the financial technology industry. The company offers a multi-function platform that provides a suite of credit, debit, and prepaid solutions, enabling clients to configure payment solutions with flexibility, agility, and performance. It primarily serves financial institutions and other service providers, offering products like buy now pay later (BNPL) and installment loans, crypto-backed cards, and banking as a service (BaaS). It was founded in 2001 and is based in Redwood City, California.
Qolo is a company that focuses on B2B payments in the financial transactions industry. The company offers a range of services including card issuing, payment processing, and treasury management through a single API platform. This allows businesses to manage payments efficiently, with a particular emphasis on speed, security, and cost-effectiveness. It was founded in 2018 and is based in Fort Lauderdale, Florida.
Weavr provides free tools for non-specialists to build, test, and integrate payment flows and then connect them to suitable payment providers. The company was founded in 2018 and is based in London, United Kingdom.
NovoPayment provides proprietary open Banking as a Service (BaaS) platform. It enables banks, financial institutions, and others to leverage their existing systems and services to generate new deposits and transaction streams. The company’s offerings include bank-grade integration, middleware services, and a robust, multi-country, multi-currency platform able to address a full range of back-office and front-end payment needs. It was founded in 2007 and is based in Miami, Florida.
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