"Time to market is 10x faster" than traditional methods - a matter of weeks in some cases, said CEO and co-founder Gastón Irigoyen, as Pomelo claims to be doing the "regulatory and operational heavy lifting" for its customers.
Revenue grew by 3x, or 200% in 2023 versus 2022, according to Irigoyen, and is expected to double this year. Meanwhile, total payments volume grew seven times in 2023, reaching a processing capacity of 55 million transactions per day, he added.
#pomelo #argentinian-startup #series-b-funding #payments-infrastructure #virtual-accounts #prepaid-cards #credit-cards #fintech #embedded-finance #international-expansion
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