Pomelo, the payments infrastructure company, announced today the successful closing of a Series C investment round for $55 million. The operation was co-led by Kaszek and Insight Partners, with the backing of global firms such as Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, monashees, and TQ Ventures. Since its inception in 2021, the company has managed to raise a total of $160 million, consolidating investor confidence in its modern technology stack. This new growth phase is aimed at strengthening credit card issuance and processing solutions in the region. The capital will be allocated to creating globally-reaching products, including payment tokenization, a native global card in stablecoins, and AI-powered chargeback management systems. Gastón Irigoyen, CEO and Co-Founder of Pomelo, stated that this round consolidates the platform as a leader in technological infrastructure for Latin America, including Central America and the Caribbean. According to the executive, the company already processes billions of dollars in payment volume and seeks to make a structural change against traditional financial infrastructure by developing new payment rails. In the last two years, the company has increased its revenue by over 250%. Currently, Pomelo serves more than 150 corporate clients, including renowned institutions such as Santander, BBVA, Bancolombia, Western Union, Rappi, and Stori. Its platform, characterized as API-first and cloud-native, allows it to adapt to the regulatory peculiarities of each country on the continent. Nicolás Szekasy, Co-Founder of Kaszek, highlighted that the technological solidity and execution of the founding team were key to doubling down on their growth. Meanwhile, investors like Insight Partners and Adams Street Partners emphasized that Pomelo is consolidating itself as an indispensable core platform as the region modernizes its payment systems. Throughout 2026, the company will maintain its focus on strengthening its direct processing platform with its strategic partners, Mastercard and Visa. The ultimate goal is to build a sustainable, long-term business that transcends the card market, by integrating innovative payment methods that will shape the future of the regional financial ecosystem.
