Pomelo Pay
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | <1m | 3.7m | 3.5m | 3.5m |
% growth | - | 31 % | 699 % | (4 %) | - |
EBITDA | - | (1.9m) | (3.6m) | - | - |
% EBITDA margin | - | (413 %) | (99 %) | - | - |
Profit | - | (1.6m) | (3.2m) | - | - |
% profit margin | - | (357 %) | (89 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | Seed | |
N/A | £1.2m | Seed | |
N/A | Support Program | ||
£2.1m | Seed | ||
* | $10.0m | Series A | |
N/A | Support Program | ||
N/A | Series A | ||
Total Funding | €13.1m |
Related Content
Recent News about Pomelo Pay
EditPomelo Pay is a fintech company that provides innovative payment solutions designed to simplify business banking for small and medium-sized enterprises (SMEs). Operating in the financial technology market, Pomelo Pay offers a suite of tools including low-cost payment features, simple e-commerce platforms, and QR code solutions. These tools are designed to be flexible, safe, and adaptable, catering to a wide range of clients from city-based side hustlers to local sole traders. The company generates revenue through transaction fees and subscription models for its services. Pomelo Pay's business model focuses on providing cost-effective and user-friendly financial tools that help businesses manage their payments efficiently and securely. The company aims to support businesses in overcoming the challenges of modern commerce, especially in a world where social distancing has become the norm. By offering a white-label solution, Pomelo Pay allows businesses to accept payments seamlessly, thereby opening new revenue streams and reducing operational costs.
Keywords: fintech, payment solutions, QR codes, e-commerce, SMEs, transaction fees, subscription model, financial tools, white-label, business banking.