🚀 Pomelo Secures $55 Million in Series C Funding to Expand Credit Processing in Latin America
#Pomelo #SeriesC #Funding #Fintech #CreditProcessing #LatinAmerica #Mexico #Brazil #Stablecoins #Kaszek #InsightPartners #IndexVentures #AdamsStreetPartners #EndeavorCatalyst #Monashees #TQVentures
Argentinian fintech company Pomelo has successfully raised $55 million in a Series C funding round. According to Foresight News, the round was led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, Monashees, and TQ Ventures. The funds will be utilized to expand Pomelo's credit processing operations in Mexico and Brazil, its two key markets, and to support the launch of credit cards denominated in global stablecoins.#Pomelo #SeriesC #Funding #Fintech #CreditProcessing #LatinAmerica #Mexico #Brazil #Stablecoins #Kaszek #InsightPartners #IndexVentures #AdamsStreetPartners #EndeavorCatalyst #Monashees #TQVentures
🚀 Global Crypto Sector Sees Over $222 Million in Funding Last Week
#cryptocurrency #funding #DeFi #Web3 #AI #infrastructure #CeFi #SeriesB #SeriesC #BainCapitalCrypto #DistributedGlobal #PomeloLatam #Kaszek #InsightPartners #ZBDPay #investment
PANews posted on X (formerly Twitter) that the global cryptocurrency sector witnessed 13 public funding events last week, with a total investment exceeding $222 million. The funding spanned various sectors including DeFi, Web3 combined with AI, infrastructure, and CeFi. Notable among these was Superstate Inc., which secured $82.5 million in a Series B round led by Bain Capital Crypto and Distributed Global. Additionally, Pomelo Latam raised $55 million in a Series C round, with Kaszek and Insight Partners as lead investors. Bitcoin payment startup ZBD Pay also announced the completion of a $40 million Series C funding round.#cryptocurrency #funding #DeFi #Web3 #AI #infrastructure #CeFi #SeriesB #SeriesC #BainCapitalCrypto #DistributedGlobal #PomeloLatam #Kaszek #InsightPartners #ZBDPay #investment