Pomelo, a leading financial technology infrastructure platform for Latin America, today announced the closing of a new investment round co-led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, monashee, and TQ Ventures. Since its founding in 2021, Pomelo has raised a total of US$160 million, reflecting strong confidence from top-tier global investors in its modern payments infrastructure model.

The new funding marks the beginning of a new growth phase for the company, focused on redefining payments infrastructure in Latin America while expanding its offering to include global products and new payment methods. Pomelo currently operates across the region, processes billions of dollars in payment volume, and maintains world-class customer retention and satisfaction metrics.

Gastón Irigoyen, our CEO & Co-Founder: 

This funding round solidifies Pomelo's position as a leading financial technology infrastructure platform for Latin America. Having raised over US$160 million in just a few years reflects the strong belief of top-tier global investors in a modern payments technology stack designed to serve banks, large corporations, and high-growth fintechs across the region. Today, we operate throughout the continent, process billions of dollars in payment volume, and achieve world-class customer retention and satisfaction metrics—clear signs that Pomelo is becoming a critical component for our clients and marks a structural shift away from incumbent infrastructure.

Accelerating Product Innovation and New Payment Rails

With this new round of capital, Pomelo aims to further strengthen its core capabilities and accelerate the development of products and payment rails that will shape the future of the region’s financial ecosystem. The investment will be used to:

• Strengthen issuance and credit card solutions

• Expand global product offerings, including a native global stablecoin card, payment tokenization, and AI-powered chargeback management

• Develop new business units focused on modern payment methods

“ Pomelo is redefining the payments infrastructure in Latin America. The vision of the founding team, the robustness of its technology, the quality of its execution, and its strong traction with major players in the financial system were key factors in our decision to co-lead this round and double down on our commitment to its growth ,” emphasized Nicolás Szekasy, Co-Founder & Managing Partner of Kaszek.