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 ...

Core Insights - Usio, Inc. has reported significant growth in payment processing volume and transaction counts for 2025, indicating a strong operational performance despite challenges in certain divisions [4][5][6]. Group 1: Operational Performance - The company processed over $8.4 billion in payment volume in 2025, a 19% increase from $7.1 billion in 2024 [4]. - Total payment transactions exceeded 60.4 million, marking a 29% increase from 47 million in the previous year [4]. - The ACH division achieved record quarterly metrics, with a sequential growth of 14% in the fourth quarter compared to the third quarter [5]. Group 2: Challenges and Adjustments - Revenue growth for 2025 is not expected to match previous double-digit rates due to the loss of a significant reseller account and lower interest rates [6]. - The Card Issuing division faced challenges, with prepaid load volume declining to approximately $300 million in 2025 from $500 million in 2024 [13]. Group 3: Strategic Initiatives - The company is focused on scaling recurring revenue streams and expanding offerings to include emerging payment technologies [22]. - Investments in the go-to-market strategy and technology stack are aimed at integrating diverse payment products into a cohesive platform [18]. - Usio has secured several high-volume card programs expected to launch in 2026, indicating a positive outlook for the Card Issuing division [21]. Group 4: Financial Health - The company maintained positive adjusted EBITDA and generated operating cash flows while exercising disciplined cost management [17]. - The balance sheet remains strong with ample liquidity to support operations and strategic initiatives [17]. Group 5: Future Outlook - Usio anticipates strong double-digit revenue growth in 2026, driven by operational leverage and new business opportunities [20][21]. - The company aims to enhance shareholder value through operational execution and prudent capital allocation [22].