Acquisition
Jan 2026Zepz acquired Pomelo International, Inc.; the Pomelo product was temporarily paused while the company integrated the technology into Zepz's roadmap.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
Pomelo is a San Francisco-based financial services fintech that combines consumer credit with international money movement. Its product is a Mastercard-powered, credit-linked remittance app ('send now, pay later') that lets users send money abroad while building credit; in January 2026 Zepz acquired Pomelo and temporarily paused the product while integrating it into Zepz's roadmap.
Primary product
Credit-linked international money transfer / Pomelo Mastercard remittance product
Founded
2020
Headquarters
San Francisco, California, United States
Team size
10-20
Work style
Onsite
Industry
Financial Services
Sub-industry
Fintech / cross-border remittance and credit infrastructure
Offices
San Francisco, California, United States
Salt Lake City, Utah, United States
Business model
consumer fintech app
interchange-driven card revenue
late fees on credit usage
foreign-exchange spread
Funding
Stage
Acquired
Total raised
$160M
Latest round
Series C · Jan 2026
Latest amount
$55M
Jan 2026 · Kaszek, Insight Partners
Apr 2024 · Vy Capital
Apr 2024
Aug 2022 · Founders Fund
Aug 2022 · A* Capital
People & investors
Leadership
Founder and CEO
Chief Technology Officer
CFO
Data Lead
Work & culture
Public careers copy emphasizes an innovative, inclusive, continuous-learning workplace focused on meaningful impact; publicly posted roles are full-time and on-site.
Work style
Onsite
Product & market
Pricing
No transfer fees; mostly interchange revenue, with smaller FX revenue and late fees on some credit usage
Differentiators
- —Combines consumer credit with remittance
- —'Send now, pay later' on card rails
- —No transfer fees
- —Builds credit history through remittance behavior
- —Mastercard-powered product
- —Offers secured and unsecured credit-line options
- —Single integration for money movement plus credit
- —Designed for cross-border communities that are often underbanked
Technology
AWS
Terraform
Kubernetes
Docker
Java
Spring Boot
Python
TypeScript
React
GraphQL
PostgreSQL
MySQL
Microservices
GitHub
Jira
Cloudflare
Google Cloud Platform
Looker
Mixpanel
Okta
Customers
U.S.-based cross-border consumers sending money abroad
immigrants supporting families in the Philippines and Mexico
Competitors
Xoom
Remitly
Wise
Western Union
Ria Money Transfer
WorldRemit
Scale & contact
Estimated revenue
USD 1M-$10M (estimated)
Estimated monthly visits
1.3K
Traffic estimate as of Jun 2026
Signals & risks
Latest news
Pomelo blog · Jul 2026
Pomelo announced a global card issuance product spanning 150+ countries and positioning the company as a local-plus-global issuing infrastructure provider.
Zepz · Jan 2026
Zepz said it acquired Pomelo International, Inc. to add cards and credit services to its cross-border payments platform; Pomelo's product was temporarily paused during integration.
PYMNTS · Jan 2026
Coverage of Pomelo's $55 million Series C and plans for a stablecoin card, tokenization, and AI-powered chargeback management.
BNamericas · Jan 2026
BNamericas reported the $55 million Series C, noted more than 150 corporate clients, and described Pomelo's API-first, cloud-native, AI-powered payments infrastructure.
TechCrunch · Aug 2022
TechCrunch described Pomelo's seed round, product model, and competitors Xoom and Remitly, while noting the company makes money mostly through interchange.
Jobs and careers at Pomelo
0 jobs at Pomelo
No open positions
Check back later for new openings