Pomelo bags spot for ‘promising fintech companies’

  • 📰 PhilstarNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 94%

Fintech News

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...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines