Argentine fintech Pomelo raised $55M in a Series C round co-led by Kaszek and Insight Partners.
Pomelo provides financial infrastructure for card issuing and payment processing across debit, credit, and prepaid products. Pomelo works with Visa and Mastercard and operates two core businesses: a processing platform that manages transactions and a BIN sponsorship model that combines processing with regulatory and compliance support.
With the funds, Pomelo will scale its credit processing business, launch a global credit card denominated in stablecoins, and develop real-time, cross-border payment systems as it expands beyond Latin America.
Founded in 2021, Pomelo serves more than 150 clients, including BBVA, Santander, Bancolombia, PayJoy, Binance, DollarApp, and Western Union.
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