Pomelo Raises $35M Series A Financing
Gunderson Dettmer represented client Pomelo, a Latin American fintech-as-a-service platform, in its $35 million Series A financing led by Tiger Global Management. The company plans to use the new capital to accelerate its product road map and toward business development efforts.
In the announcement of the transaction, co-founder and CEO of Pomelo Gaston Irigoyen said, “Our goal at Pomelo is to make LatAm look like Europe, meaning that we’ll help our partners unlock multiple markets in a short period of time, allowing them to grow their businesses instead of worrying about regulation, dozens of contracts and backend integrations.”
The Gunderson deal team was led by Daniel Green and Bradley Krack and included Alexis Persson and Imani Hodges.