Pomelo, a Buenos Aires, Argentina–based payments infrastructure company, has secured a $55 million Series C funding round.
Investors
The round was co-led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, Monashees, and TQ Ventures.
Kaszek is a venture capital firm that partners with founders across Latin America. The firm provides capital and expertise to help build the next generation of companies in the region. Kaszek invests in industries where technology and innovation can drive significant disruption and value creation, with a focus on technology. Its portfolio spans sectors such as financial services, education, healthcare, e-commerce, and software. The firm maintains a local presence in Bogotá, Mexico City, Montevideo, and São Paulo.
Insight Partners is a global software investor that partners with high-growth technology, software, and internet startups and scale-ups, driving transformative change across industries. With more than $90 billion in regulatory assets under management, Insight Partners has invested in over 800 companies worldwide and has seen more than 55 portfolio companies go public. Headquartered in New York City, Insight Partners also has offices in London, Tel Aviv, and the Bay Area.
Pomelo Use of Funds
The funds will support expansion beyond card issuing, strengthen issuing and credit card solutions, develop globally scalable financial products, including stablecoin-native cards, payment tokenization, and AI-powered chargeback management, and build new payment rails.
About Pomelo
Founded in 2021 by Gastón Irigoyen, Hernán Corral, and Juan Fantoni, Pomelo is a company that builds API-first technology for card issuing, processing, and program management, delivered through a fully cloud-native platform powered by AI. Its issuer processing and BIN sponsorship solutions allow clients to issue cards using either Pomelo's network licenses or their own. Through simple API-based integrations, a fully cloud-native, AI-powered technology stack, and a modular architecture, clients can migrate from legacy infrastructure, launch new products, and scale their card programs across multiple markets. The platform serves banks, fintechs, and large enterprises across the region, enabling scalable, compliant, and modern payment solutions.
Funding Details
Company: Pomelo
Raised: $55.0M
Round: Series C
Funding Date: January 2026
Lead Investors: Kaszek; Insight Partners
Additional Investors: Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, Monashees, TQ Ventures
Company Website: https://pomelo.la/
Software Category: Payments Infrastructure / FinTech
Source: Erin Nisson, Account Supervisor, MikeWorldWide