Pomelo Pay: Raises $10 million to fuel global growth

Pomelo Pay: Raises $10 million to fuel global growth

  • Pomelo Pay to expand its presence across global markets including Europe and Asia
  • Announce that have raised a total of $10 million in a Series A round led by Inference Partners
  • This investment from Inference Partners comes at an opportune time where businesses in Southeast Asia
  • Plan to capitalize on the huge pace of growth and adoption by partnering banks and NBFIs
  • It is perfectly positioned to address the market need for a best-in-class API first platform
  • The announcement has also sparked interest across the Fintech industry, featuring in Yahoo and many other outlets
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Keyrock Strengthens Position with $1.1 Billion Valuation

Crypto investment specialist Keyrock secures significant market valuation boost.Highlights: Keyrock achieves a $1.1 billion valuation.Funding round aims to...

LSEG Partners with Dell to Build Private Cloud Platform

Collaboration aims to enhance LSEG's cloud capabilities for financial services.Highlights: LSEG partners with Dell to create a private...

Ethical Savings App Zero Ceases Trading Amid Financial Challenges

Zero, known for promoting ethical savings, halts operations due to financial issues.Highlights: Ethical savings app Zero has ceased...

Wise Launches UK Current Account, Strengthening Banking Services

New offering aims to enhance financial management for UK customers.Highlights: Wise unveils its new current account service in...