LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA

Tiger Global Leads USD35m Series A for Argentine Fintech Pomelo

21 October 2021
Tiger + Pomelo

Tiger Global led a USD35m Series A for Pomelo, an Argentine payments infrastructure platform enabling fintechs to fast-track the launch of prepaid and credit cards, with participation from monashees, Insight Partners, Index Ventures, SciFi, QED Investors, BoxGroup, Greyhound, Gilgamesh Ventures and Clocktower.  Sequoia invested USD1m in a seed extension in July; monashees and Index Ventures led the USD9m seed round in May. 

(TechCrunch) – Just over five months after raising a $9 million seed funding round, Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management.

The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America. Its infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes.

It’s impressive just how many high-profile investors the young company has managed to attract in a relatively short amount of time.

Read more at TechCrunch.

Tiger Global Leads USD35m Series A for Argentine Fintech Pomelo was last modified: November 2nd, 2021 by cramos
ArgentinaFintechPomeloTiger GlobalVenture Capital
0
Facebook Twitter Google +

Categories

  • Deals
  • Exits
  • Regulatory
  • M&A
  • New Funds & Firms
  • Partnerships

Sign up for LAVCA’s bi-weekly Latin American Private Capital Update and the LatAm Venture Bulletin, produced specifically for venture investors, entrepreneurs, and technology startups in the early stage ecosystem.

Tweets

Missing consumer key - please check your settings in admin > Settings > Twitter Feed Auth

Keep in touch

Twitter Linkedin Youtube

About LAVCA

 

LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

LAVCA Office

    New York City:
    589 8th Ave, 18th Floor
    New York, NY 10018

Explore LAVCA.org

  • About LAVCA
  • Board, Team, & Advisors
  • Media
  • Contact Us
  • Membership Benefits
  • Members Only Access
  • Education and Programs
  • Research
  • Policy
  • LAVCA VC
  • Contact Us

@2020 - LAVCA. All Rights Reserved.


Back To Top