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

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...