Pomelo
Pomelo is a fintech company that raised $40 million in Series B funding and offers a comprehensive card solution, including issuance, processing, and management of physical and virtual cards, primarily in Latin America.
Card Solutions
Pomelo offers a comprehensive card solution that includes issuance, processing, and management of physical and virtual cards. These solutions are developed to cater to a variety of needs by seamlessly integrating with digital, banking, or crypto accounts. By utilizing a native cloud platform, Pomelo ensures that the card services are robust, scalable, and easy to manage. The company also provides APIs to facilitate smooth integration, allowing clients to efficiently deploy these card solutions.
KYC and KYB Compliance
Pomelo provides Know Your Customer (KYC) and Know Your Business (KYB) solutions to verify customer identities and ensure compliance with local regulations. This verification process involves validating the identities of individuals and businesses to meet regulatory standards, thereby preventing fraudulent activities. Pomelo's KYC and KYB solutions are integral to maintaining high security and trust among clients and their end users.
Funding and Expansion
In a significant milestone, Pomelo raised $40 million in Series B funding. This financial infusion supports the company’s growth and expansion, enabling it to enhance its services and reach a broader market. Operating in multiple countries across Latin America, Pomelo leverages this funding to develop and deploy innovative technology solutions to meet the needs of a diverse clientele.
Modular Technology Approach
Pomelo employs a modular technology approach, which is designed to provide flexible and scalable solutions. This approach allows clients to customize and integrate various components of Pomelo’s offerings to suit their specific business requirements. By offering modular solutions, Pomelo ensures that its technologies can grow and adapt alongside the evolving needs of its customers' businesses.
Security Standards and Certifications
Maintaining high-security standards and certifications is a core focus for Pomelo. The company employs stringent measures to ensure data safety and privacy. These standards help build trust with clients who rely on Pomelo to handle sensitive information securely. By adhering to robust security protocols, Pomelo upholds its commitment to protecting data and maintaining regulatory compliance.