Pomelo raised $35M in a Series A round led by Vy Capital to facilitate money transfer and credit building from the U.S. to the Philippines.
Pomelo raised $35M in a Series A round led by Vy Capital to facilitate money transfer and credit building from the U.S. to the Philippines.
04/29/24, 12:17 AM
Location
Money raised
$35 million
Round Type
series a
Investors
Founders Fund, Vy Capital
Pomelo, a startup launched in the Philippines in 2022, raised $35 million in a Series A round led by Dubai venture firm Vy Capital, with participation from Founders Fund. The platform allows people in the United States to send money to the Philippines while at the same time building their credit.