What is Pomelo?
Founded in 2021 by Gastón Irigoyen, Hernán Corral, and Juan Fantoni, Pomelo provides an API-first technology platform designed for card issuing, processing, and program management. The company's cloud-native architecture allows banks, fintechs, and large enterprises to migrate away from legacy infrastructure, facilitating the launch of modern payment products with greater agility and compliance. By offering both issuer processing and BIN sponsorship solutions, Pomelo serves as a foundational layer for businesses aiming to scale their card programs across multiple markets, effectively bridging the gap between traditional banking and the digital-first economy.
How much funding has Pomelo raised?
Pomelo has raised a total of $180M across 4 funding rounds:
Series A
$50M
Series B
$40M
Other Financing Round
$35M
Series C
$55M
Series A (2022): $50M with participation from Alter Global, Monashees, Insight, Tiger Management Consulting Group, Index, and Latitud
Series B (2024): $40M led by Monashees, S32, Catalyst Endeavors, TQ Ventures, Index Ventures, and Kaszek Ventures
Other Financing Round (2024): $35M supported by Founders Fund, A Capital Canada Cleaning, and ACapital Ventures
Series C (2026): $55M featuring S32, Kaszek Ventures, Endeavor Global, Adams Street Partners, Insight Partners, TQ Ventures, and Index Ventures
Key Investors in Pomelo
Index Ventures
Index Ventures is a global venture firm that partners with entrepreneurs from seed to IPO, focusing on companies that challenge the status quo to build enduring businesses.
Kaszek Ventures
Kaszek is a premier venture capital firm dedicated to partnering with exceptional technology entrepreneurs in Latin America, providing both capital and operational expertise.
Insight Partners
Insight Partners is a global venture capital and private equity firm that invests in high-growth software and technology companies, offering hands-on operational support to scale businesses.
What's next for Pomelo?
With the successful closure of its Series C round, Pomelo is well-positioned to accelerate its product development and deepen its market penetration. The strategic focus will likely center on enhancing its AI-driven capabilities and expanding its footprint within the enterprise software sector. As the demand for scalable, compliant, and modular payment solutions continues to rise, Pomelo's ability to provide seamless integration for complex financial ecosystems will be a key driver of its future performance. The company remains focused on empowering founders and enterprises to build enduring financial products, leveraging its sophisticated network and technical expertise to maintain its competitive edge in the evolving fintech landscape.
See full Pomelo company page
