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New Deal


Announced

Completed

Tiger Global Management led a $35m Series A funding round in Pomelo.

Financials

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Transaction Value£27m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Venture Capital

Private

Minority

Argentina

Acquisition

Consumer Lending

Friendly

Private Equity

Completed

fintech

Synopsis

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Tiger Global Management, an investment firm, led a $35m Series A funding round in Pomelo, a fintech-as-a-service platform, with participation from Insight Partners, Index Ventures, monashees, SciFi, QED Investors, BoxGroup, Greyhound, Gilgamesh Ventures, Clocktower, Max Levchin, Biz Stone, Martin Varsavski, Jackie Reses, Angela Strange, Max Tayenthal, William Hockey, Eric Glyman, Karim Atiyeh and Itai Damti. “We’ve seen some amazing consumer products disrupt consumer banking, lending and insurance in recent years. We are now excited to partner with Pomelo given their unique perspective about LatAm, their vision for a new regional fintech infrastructure, and a strong team capable of executing with the highest standards,” John Curtius, Tiger Global partner.

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