Full-Time
Confirmed live in the last 24 hours
Facilitates fee-free international money transfers
Senior
San Francisco, CA, USA
Company is growing its San Francisco headquarters.
Pomelo simplifies international money transfers, focusing on markets like the Philippines, Mexico, and India. It offers a mobile app and a card system that allows users in the U.S. to send money to family members abroad instantly and without fees. Recipients receive a Pomelo card, enabling them to access funds immediately without cash pickup. Unlike traditional services that charge high fees, Pomelo uses credit for transactions, which also helps users build their credit scores. The company generates revenue through interest on credit use and related financial products. Pomelo's goal is to provide a cost-effective, secure, and efficient way for individuals to support their families overseas while enhancing their financial health.
Company Stage
Series A
Total Funding
$53.5M
Headquarters
Salt Lake City, Utah
Founded
2020
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