Pomelo (Financial Services) Overview
- Year Founded
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2017
- Status
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Acquired/Merged
- Employees
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55
- Latest Deal Type
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M&A
Pomelo (Financial Services) General Information
Description
Operator of a money transfer platform intended to make it easy to send money and stay up-to-date with family spending. The company's platform allows building credit while sending money to families overseas without any fees and also offers a card that helps deposit funds they would normally remit and be issued a secured credit line, enabling users to build their credit line and send money to their loved ones as per their convenience.
Contact Information
Website
www.pomelo.comCorporate Office
- P.O. Box 193425
- San Francisco, CA 94119
- United States
Corporate Office
- P.O. Box 193425
- San Francisco, CA 94119
- United States
Pomelo (Financial Services) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 28-Jan-2026 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 22-Apr-2024 | Completed | Generating Revenue | |||
| 2. Seed Round | 16-Aug-2022 | $70M | $75M | Completed | Generating Revenue | |
| 1. Seed Round | 12-Oct-2021 | $5M | $5M | Completed | Generating Revenue |
Pomelo (Financial Services) Comparisons
Industry
Financing
Details
Pomelo (Financial Services) Competitors (29)
One of Pomelo (Financial Services)’s 29 competitors is Xoom, a Formerly VC-backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Xoom | Formerly VC-backed | San Francisco, CA | ||||
| Paysera | Private Debt Financed | Vilnius, Lithuania | ||||
| Remitbee | Accelerator/Incubator Backed | Mississauga, Canada | ||||
| Placid NK | Corporation | Westbury, NY | ||||
| MoneyGram | Private Equity-Backed | Dallas, TX |
Pomelo (Financial Services) Signals
Pomelo (Financial Services) Former Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| A* | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Afore Capital | Venture Capital | Minority | ||
| Founders Fund | Venture Capital | Minority | ||
| JBV Capital | Venture Capital | Minority |
Pomelo (Financial Services) FAQs
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When was Pomelo (Financial Services) founded?
Pomelo (Financial Services) was founded in 2017.
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Where is Pomelo (Financial Services) headquartered?
Pomelo (Financial Services) is headquartered in San Francisco, CA.
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What is the size of Pomelo (Financial Services)?
Pomelo (Financial Services) has 55 total employees.
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What industry is Pomelo (Financial Services) in?
Pomelo (Financial Services)’s primary industry is Other Financial Services.
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Is Pomelo (Financial Services) a private or public company?
Pomelo (Financial Services) is a Private company.
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What is Pomelo (Financial Services)’s current revenue?
The current revenue for Pomelo (Financial Services) is .
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How much funding has Pomelo (Financial Services) raised over time?
Pomelo (Financial Services) has raised $110M.
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Who are Pomelo (Financial Services)’s investors?
A*, , Afore Capital, Founders Fund, and JBV Capital are 5 of 15 investors who have invested in Pomelo (Financial Services).
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Who are Pomelo (Financial Services)’s competitors?
Xoom, Paysera, Remitbee, Placid NK, and MoneyGram are some of the 29 competitors of Pomelo (Financial Services).
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When was Pomelo (Financial Services) acquired?
Pomelo (Financial Services) was acquired on 28-Jan-2026.
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Who acquired Pomelo (Financial Services)?
Pomelo (Financial Services) was acquired by Zepz.
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