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Pomelo bags spot for ‘promising fintech companies’

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Fintech Nyheter

Gcash,Pomelo

This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility.

MANILA, Philippines — Fintech firm Pomelo said that it placed a spot in the list of the global venture capital firm GGV Capital’s Innovation 50 list for 2024 for being one of the most

Keith Rabois, a technology executive and investor said that Pomelo’s “novel product experience” has the potential to “deliver enhanced value to an underserved market.” Pomelo, founded in 2022 with the Philippines as its initial focus, has since broadened its product offerings to include new payment options, notably facilitating transfers to Gcash.

The Department of Trade and Industry expects the country’s exports of goods to continue to rise in the coming months...

 

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