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Pomelo

API-first card issuance and payments platform

Overview

Pomelo 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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About Pomelo

Simplify's Rating
Why Pomelo is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFintechFinancial Services

Company Size

201-500

Company Stage

Series C

Total Funding

$155M

Headquarters

Buenos Aires, Argentina

Founded

2021

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Simplify's take

What believers are saying

  • Pomelo closed a $55 million Series C on January 20, 2026.
  • The company now serves over 150 clients, including BBVA, Santander, Western Union, and Binance.
  • Global card issuance went live July 2, 2026 with customers across six regions.

What critics are saying

  • Stablecoin cards and agentic payments invite heavier scrutiny from regulators in 2026.
  • A delayed Mexico and Brazil scale-up would expose Pomelo's dependence on two core markets.
  • If stablecoin rails fail compliance tests, Pomelo's global-card thesis loses regulator approval.

What makes Pomelo unique

  • Pomelo unifies local and global card issuance across 150+ countries on one API.
  • Its modular tokenization layer plugs into existing processors without replatforming, launched April 2026.
  • Pomelo combines BIN sponsorship, compliance, and AI-powered operations for banks and fintechs.

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Funding

Total Funding

$155M

Above

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
$55M
$62M
$100M

Benefits

  • Flexible Work Hours
  • Hybrid Work Options

Company News

Born2Invest
Mar 3rd, 2026
Pomelo raises $160M to pioneer AI-driven 'agentic payments' across Latin America

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.

The SaaS News
Jan 21st, 2026
Pomelo Secures $55 Million Series C | The SaaS News

Pomelo Secures $55 Million Series C

LatamList
Jan 20th, 2026
Pomelo raises $55M 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.

Bloomberg
Jan 20th, 2026
Pomelo raises $55M to expand payment offerings and launch global stablecoin credit card

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.

LatamList
Mar 19th, 2025
Latamlist Roundup March 1St - March 15Th: Brazilian Neobank Inter Expands To Argentina

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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