Pomelo

Pomelo

Private
San Francisco, CaliforniaFinTechhttps://www.pomelo.com

Last Round

Series C

Jan 20, 2026

Total Funding Raised

$280M

Company Overview

Pomelo (Financial Software) is a fintech company that offers a money transfer application enabling users to send money to family members abroad without fees while building their credit through a secured credit line and convenient fund deposit options.

Sector

FinTech

Verticals

Stablecoins, Digital Payments, Platform-as-a-Service, Lending & Credit, Foreign Exchange

Business Model

B2C

Customer Profile

Payment Processing Fee, Usage-Based SaaS

AI Layer

Non-AI

Keywords

card issuancepayments infrastructureinternational money transferremittancefintech-as-a-servicepayment APIcross-border paymentsembedded financecredit buildingpayment processingissuer processorLatin America fintechpayment platform as a servicePPaaSremittance cardstablecoin card

Historical Pricing

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Caplight Momentum Score

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Pomelo Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Pomelo Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CJan 20, 2026
Series CJan 20, 2026
DebtApr 22, 2024
Series AApr 22, 2024
Series BJan 19, 2024
Seed
Aug 16, 2022

Key People

Founding team and executive leadership

Eric Velasquez Frenkiel

Founder And CEO

Founding Team

Kevin Choi

Chief Technology Officer

Executive Team

Louis Yang

CFO

Executive Team

Pomelo Investors

Notable investors and investment history

InvestorRounds
S32Series B, Series C
MonasheesSeries B, Series C
Founders FundSeries A, Seed
Alter GlobalSeries B
Afore CapitalSeed
Adams Street PartnersSeries C
Vy CapitalSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 21, 2026

    Zepz is acquiring Pomelo to expand into credit, cards, and financial tools.

  • Feb 6, 2025

    New offering enables US customers to build credit while supporting loved ones overseas.

Pomelo Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Pomelo Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Pomelo's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range30
Year Founded2020
Last FundingJan 20, 2026

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