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Pomelo Secures $55M Series C for Global Payment Expansion

January 22, 2026, 3:46 pm
BBVA
BBVA
Location: Spain, Community of Madrid, Madrid
Employees: 10001+
Founded date: 1857
TQ Ventures
TQ Ventures
FinTechProductHealthTechPlatformServiceDataArtificial IntelligenceSaaSWellnessTechnology
Santander Universidades
Santander Universidades
BuildingCommerceCorporateFinTechITMarketPersonalPlatformServiceWebsite
Location: Spain, Community of Madrid, Boadilla del Monte
Employees: 10001+
Founded date: 1996
Pomelo, a leading Latin American payment infrastructure company, has secured $55 million in Series C funding. This investment, co-led by Kaszek and Insight Partners, elevates its total capital raised to $160 million. The firm plans significant expansion. It will extend beyond card issuing. A key focus involves developing new global payment rails. Initiatives include stablecoin-native cards, AI-powered chargeback management, and advanced payment tokenization. Pomelo aims to further modernize financial systems across Latin America, Central America, and the Caribbean, supporting over 150 corporate clients including major banks and fintechs, driving regional payment innovation.

The substantial Series C round signals strong investor confidence in Pomelo. Kaszek and Insight Partners co-led the financing. Major firms participated. These include Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, monashees, and TQ Ventures. This latest capital infusion boosts Pomelo's total fundraising. It now stands at an impressive $160 million since its 2021 inception. Such rapid accumulation of capital underscores Pomelo's market traction. It highlights the perceived value of its payment infrastructure solutions.

Pomelo is not resting on its laurels. The new funds ignite a crucial growth phase. The company seeks to deepen its credit card issuance and processing capabilities. Yet, its vision extends far wider. Pomelo plans to build new payment rails. These rails will support a broader global product portfolio. This includes a groundbreaking stablecoin-native global card. It signifies a significant move towards future-proof digital payment solutions.

Innovation drives Pomelo's strategy. Payment tokenization is a key focus. This enhances security and flexibility for transactions. Furthermore, artificial intelligence will power advanced chargeback management. This move streamlines dispute resolution. It reduces operational overhead for clients. The company also intends to form new business units. These units will develop modern payment solutions. They will cater to evolving market demands across financial technology.

Pomelo has rapidly established a formidable regional presence. It operates across Latin America, Central America, and the Caribbean. Its platform demonstrates remarkable adaptability. It navigates diverse regulatory frameworks in each country. This localized approach is critical. It allows Pomelo to capitalize on specific market opportunities. The company provides a unified yet flexible infrastructure. This capability attracts a wide array of financial institutions and enterprises.

The company serves a robust client base. Over 150 corporate customers rely on Pomelo. This includes leading banks such as Santander and BBVA. Major fintech players like Rappi and PicPay are also clients. Western Union, a global giant, utilizes its services. This diverse clientele validates Pomelo's comprehensive offerings. It positions the firm as a critical partner. It enables financial modernization across the region.

Pomelo's growth trajectory is steep. Revenue surged over 250% in the last two years. This impressive growth reflects strong demand. Businesses crave modern, scalable financial infrastructure. They need regionally integrated payment solutions. Pomelo delivers precisely this. Its platform is API-first and cloud-native. Artificial intelligence forms its technological backbone. Direct connections to Mastercard and Visa underpin its card processing power.

This technological foundation provides a distinct advantage. It allows Pomelo to deliver efficient, secure, and adaptable payment services. The firm positions itself as a core infrastructure provider. It enables financial institutions to innovate swiftly. It helps large enterprises manage complex payment flows. High-growth fintechs find critical support. Pomelo’s offering represents a significant upgrade from legacy systems.

The push for new payment rails is significant. It aligns with global trends in digital finance. Stablecoins offer new avenues for cross-border transactions. They promise lower costs and faster settlement. Pomelo's venture into this space is forward-looking. It positions the company at the forefront of financial innovation. This helps Latin America embrace emerging payment technologies.

Latin America is a dynamic market. It presents unique challenges and immense potential. Modernizing its payment landscape is crucial for economic growth. Pomelo’s infrastructure directly addresses this need. It facilitates greater financial inclusion. It enables seamless digital commerce. This ultimately benefits consumers and businesses alike.

Looking ahead, Pomelo prioritizes strengthening its core issuing platform. This remains a foundational element. However, the launch of new payment rails is equally important. Building out a global product portfolio also features prominently. The company emphasizes long-term, sustainable growth. This strategic roadmap aims to solidify its market leadership. It seeks to shape the region's financial ecosystem for years to come.

The $55 million Series C investment marks a pivotal moment. It propels Pomelo into an accelerated growth trajectory. The firm is poised to redefine payment infrastructure. Its focus on innovation, regional adaptation, and global expansion sets a new standard. Latin America's financial future looks increasingly digital, efficient, and interconnected, thanks to pioneers like Pomelo.