Argentinian fintech company Pomelo completes $55 million Series C funding round, led by Kaszek and others

Foresight News reported, according to Bloomberg, that Argentine fintech company Pomelo has completed a $55 million Series C funding round, led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, Monashees, and TQ Ventures. The funds raised will be used to expand Pomelo's credit processing business in its two core markets, Mexico and Brazil, and to support the launch of a globally stablecoin-denominated credit card.