01 December 2020

Pomelo Pay raises £2.1mn  

Written By FinTech Alliance in Payments

Pomelo Pay raises £2.1mn  

FinTech Alliance company Pomelo Pay has raised £2.1m seed funding.  

In Brief:  

  • The round was led by Force Over Mass.  

  • Pomelo Pay provides digital payment services to support businesses of every size.  

  • Businesses can take payments from any location, physical or digital, with no need for hardware.  

What does this mean?  

Pomelo Pay will use the funding to grow its offering to businesses. It currently works across a number of sectors but wishes to expand its team and build on its international reach.  

Read more here.   

Up Next ...
20 November 2024

Atome Financial Secures $200M Credit Facility to Drive Growth

Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers...

20 November 2024

Santander Launches Openbank Digital Service in Mexico

Openbank aims to provide Mexican consumers with accessible, tech-driven financial solutions amidst a growing demand for digital banking services.

20 November 2024

Government's Pivotal Role in Boosting Africa's FinTech Ecosystem

These efforts are aimed at enhancing financial inclusion, supporting innovation, and addressing key challenges such as limited digital literacy and uneven access to finan...

19 November 2024

Revolut hits 50 million customer milestone globally on mission to build world’s first truly global bank

Revolut has aggressive plans to continue to grow its customer base towards the 100 million milestone

More in Payments

Revolut launches Point-of-Sale product

20 March 2024

Revolut has rolled out a Point-of-Sale iPad application for businesses ...

Stripe passes $1trn in payments volume

14 March 2024

FinTech giant Stripe's total payment volume is up 25% from ...

Zodia Markets partners with Fireblocks

14 March 2024

Zodia Markets and Fireblocks join forces to transform corporate cross-border ...

Eleanor partners with Mangopay

12 March 2024

Hotel guest experience management platform Eleanor chooses Mangopay to provide ...

White Papers Payments

Crypto’s embedded finance future

12 January 2022

Cryptocurrencies and investments are more popular than ever. So what’s holding them back from even w...

Articles Payments

The European payments landscape in 2030

22 October 2021

Introducing Marqeta's new European payments report: The European Payments Landscape in 2030: Implant...

White Papers Payments

Make payment optimization a part of your core payment strategy

14 July 2021

According to the Federal Reserve Bank of San Francisco 62% of purchase transactions in 2018 came in...

Articles Payments

PSD2 SCA: How ready are issuers?

22 June 2021

The revised Payment Services Directive (PSD2) is now live in Europe and the biggest question on ever...

There are no Events in this category