Pomelo provides a cloud-based platform that enables businesses to issue and manage physical and virtual payment cards through a single API integration. This technology streamlines the processes of card issuance, transaction processing, and account management, allowing companies to quickly launch and scale their fintech solutions across multiple countries.
Funding
$119.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Launching and managing payment card programs across multiple countries involves navigating complex licensing, issuance, processing, and compliance requirements. Integrating with multiple vendors for physical and virtual cards, transaction processing, and account management creates operational overhead and slows down time to market for fintech solutions.
Solution
Pomelo offers a cloud-based platform that streamlines the issuance and management of both physical and virtual payment cards through a single API. This platform provides a unified solution for card issuance, transaction processing, and account management, enabling businesses to quickly launch and scale their fintech solutions internationally. Pomelo handles licensing, card production, delivery, and payment processing through a single integration, reducing complexity and accelerating time to market. The platform supports various card types, including credit, debit, prepaid, crypto, and corporate cards, and integrates with digital, banking, and crypto accounts.
Target Audience
Pomelo targets fintech companies, digital banks, and businesses seeking to offer branded payment cards to their customers, particularly those operating in multiple countries.
Features
- Single API for issuing and managing physical and virtual cards
- Support for Visa and Mastercard branded cards
- Supports prepaid, debit, credit, crypto, and corporate card types
- Real-time transaction monitoring for online and in-person purchases
- Integration with digital, banking, and crypto accounts
- Modular technology for flexible and scalable solutions
- Comprehensive documentation and developer-friendly APIs
- Secure infrastructure with high security standards and certifications