Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo
https://techcrunch.com/2021/10/21/tiger-global-bets-on-latam-fintech-pomelo-which-just-raised-35m-from-a-slew-of-high-profile-investors/
Just over five months after raising a $9 million seed funding round, Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management.
The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America. Its infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes.