Coastal Community Bank news and trends

Pomelo Officially Launches Product Combining Credit and International Money Transfer

April 22, 2024
Quick Reads
Pomelo Officially Launches Product Combining Credit and International Money Transfer

April 22, 2024
Pomelo has announced its official launch after several months of private beta. The company is launching with $70 million in seed financing that includes $20 million in venture capital and $50 million in warehouse facility, the company said in a Monday (April 22) press release. Pomelo offers a product that combines credit and international money transfer, according to the […]