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

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...