Pomelo
Latest round
- Series A
Last raised
- Apr 2024
Total raised
- $60M
Investors
- 7
About Pomelo
Founded in 2020 and based in California, US, Pomelo Group USA, Inc., operates as a provider of financial services that offers credit and international money transfers. The company also offers a pomelo card powered by the Mastercard network. As of 2024, the company has partnered with companies like Mastercard and Coastal Community Bank.Zepz acquired Pomelo from? Xfund, Afore Capital, Weekend Fund, The Chainsmokers, Founders Fund, Vy Capital, and A* Capital. Financial terms of the transaction were not disclosed. The company offers a mobile application platform that provides international money transfer and consumer credit services, allowing users to send money abroad while also accessing credit through the Pomelo Mastercard®. The company also provides the Pomelo Pay Later Plan, which allows consumers to pay with credit without incurring transfer fees, cash advance fees, credit card surcharges, or an annual percentage rate (APR). The acquisition aims to expand its services beyond remittances into credit and card-based products.
Who invested in Pomelo
7 investors across 3 rounds
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Questions about Pomelo
Who invested in Pomelo?
Pomelo has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pomelo raised?
Pomelo has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Pomelo last raise money?
Pomelo's most recent round on record is a Series A, in Apr 2024.
What does Pomelo do?
Founded in 2020 and based in California, US, Pomelo Group USA, Inc.
Where is Pomelo headquartered?
Pomelo is headquartered in San Francisco, US.
Which VCs invest in companies like Pomelo?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Pomelo's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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