PPomelo provides modular, API-first card and payments infrastructure for banks, fintechs, and global businesses in Latin America and beyond. Its cloud-native platform supports issuance, processing, tokenization, fraud controls, and an AI-powered operations dashboard, enabling partners to design card products (debit, credit, prepaid, corporate, crypto, and co-branded) by network, geography, and user profile and launch in weeks rather than years. Pomelo helps neobanks, traditional banks, remittance and investech players, and consumer fintechs launch and scale card programs from a single infrastructure, without building processor stacks from scratch. Revenue comes from technology and processing fees tied to card programs and related services.
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Industries
Company Size
201-500
Company Stage
Series C
Total Funding
$155M
Headquarters
Buenos Aires, Argentina
Founded
2021
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Total Funding
$155M
Above
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Funded Over
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Pomelo, an Argentine fintech startup, has raised $55 million in its latest funding round, bringing total capital raised to $160 million. The Series C round was led by Kaszek and Insight Partners, with participation from Adam Street Partners and TQ Ventures. Founded during the pandemic by Gastón Irigoyen, Hernán Corral and Diego Cherniak, Pomelo provides cloud-based infrastructure for card issuance and digital payments processing across Latin America. The company currently serves 150 clients, including Chile's Metro card system and BCI's Mach. Pomelo is expanding into Panama, Puerto Rico, Mexico and Brazil whilst developing agentic AI payment systems. The technology will enable AI assistants to autonomously find deals, complete transactions and manage investments on behalf of users.
Pomelo Secures $55 Million Series C
Pomelo raises $55M Series C. * byAraceli Dominguez * January 20, 2026 * 1 minute read Argentine fintech Pomelo raised $55M in a Series C round co-led by Kaszek and Insight Partners. Pomelo provides financial infrastructure for card issuing and payment processing across debit, credit, and prepaid products. Pomelo works with Visa and Mastercard and operates two core businesses: a processing platform that manages transactions and a BIN sponsorship model that combines processing with regulatory and compliance support. With the funds, Pomelo will scale its credit processing business, launch a global credit card denominated in stablecoins, and develop real-time, cross-border payment systems as it expands beyond Latin America. Founded in 2021, Pomelo serves more than 150 clients, including BBVA, Santander, Bancolombia, PayJoy, Binance, DollarApp, and Western Union. Read more on Bloomberg Linea * tags: * argentina * fintech * Kaszek * pomelo * Series C. Araceli is a marketer and has been a volunteer and organizer of Hackathons, Startup Weekends, and H/F Community. She's currently PR Manager at Magma Partners, where she helps startups to develop communication strategies in the United States and Latin America.
Argentina-based fintech startup Pomelo has raised $55 million in a Series C round co-led by Kaszek and Insight Partners. The company plans to expand its credit-processing business in Mexico and Brazil, its two largest markets, and launch a global stablecoin-denominated credit card. Founded by CEO Gaston Irigoyen, Pomelo will use the funding to deepen its presence in Latin America whilst developing agentic and real-time payment systems capable of operating across borders. The investment marks the company's push into markets beyond the region as it builds out new products tied to stablecoins and real-time payments.
Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.Fintechs dominated the headlines in the first half of March, with activity from startups in Argentina, Brazil, Chile, and Colombia. Here are the launches, fundings,expansions, and other news we saw over the last two weeks.LaunchesBrazilian fintech Juros Baixos launched a loan product in its lending marketplace that allows its customers to borrow money using their motorcycle as collateral. Read more on LatamFintech Hub. Argentinian digital wallet Lemon partnered with Argentinian financial tech infrastructure startup Pomelo to launch Visa Lemon Card in Peru, a credit card that allows customers to spend in Soles and get 1% of cashback in Bitcoin. Read more on LatamFintech Hub.Brazilian payments startup Barte partnered with fintech Zoop to offer Tap to Pay to Barte’s customers, enabling the acceptance of card payments using smartphone’s NFC technology. Read more on LatamFintech Hub.ExpansionsBrazilian neobank Inter partnered with Grupo Bind to expand to Argentina. Inter will provide Argentinian customers credit cards, an investment account that allows investments in the US, and the possibility of paying with Pix when in Brazil
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Industries
Company Size
201-500
Company Stage
Series C
Total Funding
$155M
Headquarters
Buenos Aires, Argentina
Founded
2021
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Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs