Techub News reports that Argentine fintech company Pomelo has completed a $55 million Series C funding round, led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, Monashees, and TQ Ventures. Pomelo stated that this round of funding will be used to expand its credit processing operations in the two core markets of Mexico and Brazil, and to support the launch of a global stablecoin-denominated credit card.
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Techub News reports that Argentine fintech company Pomelo has completed a $55 million Series C funding round, led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, Monashees, and TQ Ventures. Pomelo stated that this round of funding will be used to expand its credit processing operations in the two core markets of Mexico and Brazil, and to support the launch of a global stablecoin-denominated credit card.