Argentine fintech company Pomelo has raised $55 million in Series C funding, led by investors including Kaszek.

According to Foresight News , 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.