Argentinian Startup Pomelo Secures US$55M Series C to Power Global Payments Innovation

Pomelo continues to consolidate its position as one of the most relevant fintech infrastructure players in Latin America, following a major funding milestone that reinforces its regional leadership and global ambitions.

Pomelo raises US$55M Series C to accelerate regional and global expansion

Argentinian fintech Pomelo has raised US$55 million in a Series C funding round, bringing its total funding to US$160 million since its launch in 2021. The round was co-led by Kaszek and Insight Partners, underscoring strong investor confidence in the company’s business model, execution, and long-term vision.

This capital injection will strengthen Pomelo’s role as a core financial infrastructure provider across Latin America while supporting its expansion into global markets and the development of next-generation payment technologies.

A strong raise amid a venture capital slowdown

Pomelo’s latest round stands out as it was secured during a period of significant slowdown in venture capital investment across Latin America. The company’s ability to attract substantial capital in this environment reflects growing investor preference for high-impact fintech companies capable of scaling across complex regulatory and operational landscapes.

This funding round signals market validation of Pomelo’s technological capabilities and its potential to become a foundational layer for digital financial services across the region.

Strengthening credit card issuing and enterprise partnerships

A key allocation of the new capital will be directed toward enhancing Pomelo’s credit card issuing and processing solutions, particularly in its largest markets: Mexico and Brazil.

In parallel, Pomelo is expanding beyond its original fintech client base to serve major international corporations and established banks. This strategic shift is supported by partnerships with leading financial institutions such as BBVA, Santander, and Bancolombia, highlighting the versatility and scalability of its platform.

Expanding into stablecoins and advanced payment rails

Looking ahead, Pomelo plans to move beyond traditional card payments by developing digital asset-enabled payment solutions. A flagship initiative includes the creation of a global card that natively supports stablecoins, starting with USDC, offering an alternative to conventional currency transactions.

This product is designed to address regional challenges such as inflation and currency volatility, while enabling seamless global commerce for users operating across borders.

Beyond stablecoins, Pomelo is also building cross-border, real-time payment systems that extend beyond Latin America. Additional initiatives include AI-powered chargeback management and payment tokenization, reinforcing its position as a modern, end-to-end financial infrastructure provider.

Investor backing and long-term market validation

Investor confidence in Pomelo remains strong. Nicolás Szekasy of Kaszek highlighted the company’s solid technology foundation and execution in redefining payment infrastructure across the region. Deven Parekh of Insight Partners emphasized that Pomelo has built a world-class business addressing a clear and growing market need.

The round also marked Adams Street Partners’ first growth equity investment in Latin America, through Pomelo. Partner Robin Murray cited the company’s consistent growth and strong execution as key differentiators. Additional support from existing investors such as Index Ventures and monashees further validates Pomelo’s long-term strategy.

A catalyst for Pomelo’s next growth phase

Pomelo’s US$55 million Series C round represents more than just a funding milestone, it serves as a catalyst for its next phase of expansion. The investment will deepen its footprint across Latin America while enabling its entry into global markets with innovative financial products.

As Pomelo continues to modernize payment infrastructure and explore new financial rails, it is well-positioned to shape the future of financial services both regionally and internationally.