Pomelo, a payments infrastructure company based in Latin America, recently secured USD 55 million through its Series C funding round.

This round was co-led by Kaszek and Insight Partners, with additional participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, monashees, and TQ Ventures.

To date, Pomelo has raised a total of USD 160 million since its inception in 2021. This funding highlights the significant global investor confidence in the company’s payments infrastructure model and demonstrates its proven ability to expand across complex markets.

Established in 2021, Pomelo now supports over 150 customers, including major banks, fintech companies, and corporations such as Santander, BBVA, Bancolombia, Western Union, Rappi, Astropay, PicPay, Stori, DolarApp, Nomad, Cocos Capital, and MACHBANK.

Accelerating Growth

With the new funding, Pomelo is set to enter a new growth phase. The focus will be on enhancing its industry presence in Latin America while expanding into global markets and developing additional payment channels.

The capital raised will be used to bolster issuing and credit card solutions, expand product offerings such as stablecoin-native global cards and payment tokenization, and enhance AI-enabled chargeback management. Additionally, Pomelo plans to establish new business units dedicated to modern payment solutions.

In discussing this achievement, Gastón Irigoyen, CEO and Co-Founder of Pomelo, emphasized that the funding positions the company as a core financial infrastructure platform for Latin America. He stated that moving forward, Pomelo aims to strengthen its card capabilities while accelerating the development of global products and payment rails essential for shaping the region’s future financial ecosystem.

Looking ahead to 2026, Pomelo intends to continue focusing on solidifying its core issuing platform, introducing new payment channels, building out a global product portfolio, and ensuring long-term sustainability in its business model.