Pomelo
Pomelo provides financial institutions and enterprises with a unified payment platform solution to boost revenue and lower costs by increasing payment efficiencies across the financial ecosystem. Founded in London in 2017, Pomelo offers a Payments Platform as a Service (PPaaS) that allows businesses to digitize their payment infrastructure without the need for expensive hardware. With a focus on innovation, Pomelo leverages the latest technologies, including blockchain and machine learning, to enhance payment capabilities and streamline financial operations for its clients. The company has established a strong presence in Europe and Asia, processing over 129 million transactions and serving more than 2000 businesses.
Pomelo
Pomelo provides financial institutions and enterprises with a unified payment platform solution to boost revenue and lower costs by increasing payment efficiencies across the financial ecosystem. Founded in London in 2017, Pomelo offers a Payments Platform as a Service (PPaaS) that allows businesses to digitize their payment infrastructure without the need for expensive hardware. With a focus on innovation, Pomelo leverages the latest technologies, including blockchain and machine learning, to enhance payment capabilities and streamline financial operations for its clients. The company has established a strong presence in Europe and Asia, processing over 129 million transactions and serving more than 2000 businesses.
TL;DR
Founded: 2017 in London
Product: Payments Platform-as-a-Service (PPaaS) for financial institutions and enterprises
Geographic presence: Headquartered in London with regional HQ in Singapore; offices across Asia
Scale: Processed over 129 million transactions; served 2,000+ businesses
Reported funding: Total reported funding US$14,280,000; Series A US$10M (Nov 2021)
Company Overview
Problem Domain
B2B payments infrastructure and payment orchestration for financial institutions and enterprises.
Founded
2017
Industry
Financial technology / Payments
Funding Track Record
10000000.00
Reported Series A of US$10M in November 2021 per company materials.
Third-party data records a Series A funding event on Dec 23, 2022.