Pomelo logo — The first financial technology platform to combine consumer...

Pomelo

The first financial technology platform to combine consumer credit and international money movement.

Founded 2020 United States San Francisco, United States 57 employees Debt Financing Total: $185.00M Financial Services, Fintech

General Information

Company Name Pomelo
Founded Year 2020
Location United States San Francisco, United States
Employees 57
Industries Financial Services, Fintech
Funding Stage Debt Financing
Social

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About Pomelo

Pomelo is a financial technology platform that is revolutionizing the fusion of consumer credit and international money movement. Their slogan, "The first financial technology platform to combine consumer credit and international money movement," encapsulates their innovative approach. Founded in 2017, Pomelo is committed to providing immigrants with a cost-effective means to send funds to their families abroad, promoting global connectivity and prosperity. The company is backed by prominent investors including Keith Rabois of Founders Fund, Kevin Hartz, and The Chainsmokers, amongst others, with its most recent Series A investment of $35.00M secured on April 22, 2024. Pomelo's unique positioning in the Financial Services and Fintech industries, along with its headquarters in the United States, reflects its potential for impactful growth and success in the ever-evolving financial technology landscape. This pioneering venture merits attention from venture capital firms seeking to invest in innovative, future-focused fintech ventures.

Taxonomy: credit, money transfer, international, financial empowerment, immigrants, startup, founders, global connectivity, cross-border, Keith Rabois, Kevin Hartz, The Chainsmokers, The Weeknd

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $75.00M -
22 Apr 2024
Series A $35.00M 3
Founders Fund, Vy Capital +1
22 Apr 2024
Seed Round $20.00M 7
XFund, Afore Capital +5
16 Aug 2022
Debt Financing $50.00M -
16 Aug 2022
Seed Round $5.00M -
12 Oct 2021

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FAQ About Pomelo

The first financial technology platform to combine consumer credit and international money movement.
Pomelo was founded in 2020.
Pomelo is headquartered in San Francisco, United States.
Pomelo operates in Financial Services and Fintech. Its work centres on credit, money transfer, international and financial empowerment.
Pomelo has approximately 57 employees.
Pomelo has completed 5 funding rounds, raising a total of $185.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Pomelo include PayAngel, Pangea Money Transfer, Orokii, Moneytrans, Xaggo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pomelo and PayAngel are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Pomelo, https://bouncewatch.com/company/pomelo-2, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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