Fintech startup Pomelo has raised $40m in a funding round led by Latin American venture capital fund Kaszek. Pomelo aims to enhance payment technology in Latin American markets through its card business modernisation platform. The funds will allow Pomelo to continue investing in technology and double the size of its business in 2024. Pomelo’s technology allows companies in multiple countries to offer prepaid, debit and credit cards to customers through a single integration. The company has a presence in Argentina, Brazil, Chile, Colombia, Mexico and Peru.
Revolutionizing LatAm Payments: Fintech Pomelo Gains $40M Boost
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