Pomelo Exits Stealth Mode With $20M Seed To Rethink International Money Transfer
08/16/22, 8:17 PM
Location
Money raised
$20 million
Round Type
seed
Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. Instead of sending money to his family once a year – a costly, fee-heavy affair – why can’t he just leave his credit card there?