Fintech Pomelo Reports $40M In New Funding, With Aim Of Enhancing Payment Technology In LatAm Markets crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Pomelo raises $9M to build a payments infrastructure for LatAm fintechs
Investors include Index Ventures, monashees and a16z s Angela Strange
Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding.
The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes.
The COVID-19 pandemic has accelerated the adoption of digital payments all over the world, and Latin America is no exception. While the majority of transactions are still done in cash, there are still over a billion cards in the region.
Vortexa Closes $19m Series B to Scale Its Global Energy Analytics Platform
monashees led the financing round with the participation of all existing investors to accelerate Vortexa s exceptional growth in the multi-$T energy and shipping industries Vortexa, the energy intelligence provider that combines AI and deep industry expertise to provide the most complete real-time data and analytics tools for waterborne energy and shipping markets, has today announced it has raised $19 million in Series B funding. The round was led by monashees with participation from all existing investors, including Notion Capital, Mosaic Ventures and Metaplanet Holdings. The investment brings the total amount raised by Vortexa to more than $30 million since inception. Vortexa will use the funding to further accelerate its international expansion and product development.