Argentine payments firm Pomelo lands $55m Series C investment

Pomelo, the Argentina-headquartered payments infrastructure firm, has secured $55m in a Series C funding round. The round was co-led by Kaszek and Insight Partners. Additional backing came from existing and new investors including Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, Monashees and TQ Ventures. The latest round brings the company’s total capital raised so far to $160m. Pomelo will use the new capital to move beyond its core focus on card issuing, further develop issuing and cr ...