Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

3 years ago
Anonymous $BH0TGXkyPe

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. 

Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

Oct 21, 2021, 9:34am UTC
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.