We are excited to announce that Pomelo has successfully raised $35 million in our latest funding round, marking a significant milestone in our journey to revolutionize financial empowerment for immigrants and their families worldwide. At Pomelo, we are committed to rewriting the narrative around international money transfers and credit integration, providing a seamless and cost-effective way for immigrants to send funds back home. Our innovative platform allows families to connect and thrive across borders, ensuring that financial obstacles do not stand in the way of familial support and stability.
The funding will be instrumental in accelerating our growth and enhancing our technology, enabling us to serve even more customers effectively. With a world-class team of seasoned founders and operators, we are poised to expand our reach and improve the user experience on our platform. Notably, we are thrilled to have the backing of industry leaders like Keith Rabois, CEO at Opendoor and former COO of Square, along with Kevin Hartz, Co-founder/CEO of Xoom, and other notable investors such as The Chainsmokers and The Weeknd. Their confidence in our mission fuels our passion and drives us to keep forging pathways for financial inclusion. Together, we are excited to move forward, bring financial empowerment to countless families, and ensure that anyone, regardless of their geography, has the capabilities to support their loved ones. Join us on this remarkable journey toward transforming how money flows across borders, bringing families closer one transfer at a time.
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