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Argentine payments firm Pomelo lands $55m Series C investment
Yahoo Finance· 2026-01-21 19:16
Funding and Investment - Pomelo, an Argentina-headquartered payments infrastructure firm, has secured $55 million in a Series C funding round, co-led by Kaszek and Insight Partners, bringing the total capital raised to $160 million [1][2]. Company Development and Strategy - The new capital will be used to expand beyond card issuing, develop issuing and credit card products, and build globally scalable financial services tools, including stablecoin-native cards and AI-driven chargeback management [2][3]. - Established in 2021, Pomelo develops API-first technology for card issuing, processing, and program management on a fully cloud-native, AI-enabled platform [3]. Infrastructure and Client Base - Pomelo's modular, API-based infrastructure is designed to help financial institutions and corporates transition from legacy systems and scale card operations across different markets, currently serving over 150 clients, including global banks and fintechs like Santander and BBVA [4].