The founders of Grapefruit in Greece.
Gastón Irigoyen, Hernán Corral and Juan Fantoni, the founders of Pomelo, passed a tough test today but managed to be chosen by a international jury as Entrepreneurs of Endeavor Argentina.
This is one Global Financing Credential, right now with rate hikes in the US, which is no small feat. This cash injection will allow them to continue climbing and entering that path will become a unicorn.
The fintech it provides Technological infrastructures for any company to offer financial services in Latin America. The company has gone through a rigorous selection process in Athens, Greece, along with 14 entrepreneurs from around the world. First, its founders took the exam before a national jury and then stood before the international jury made up of investors, unicorn founders, Endeavor entrepreneurs, and other innovation leaders.
Grapefruit originated during the pandemic and grew at an incredible speed. In less than 18 months managed to raise more than 45 million dollarss of the world’s leading investment funds, has formed a team of 300 people and has managed to attract 55 clients spread across 5 countries: Argentina, Brazil, Colombia, Mexico and Peru.
In this sense, the resolution of a structural problem in the financial sector has led Pomelo to quickly become one of the emerging companies of our country, allowing any company add a level of financial services to your business, regardless of your main industry.
Through their technology they allow any company to do this offer virtual accounts and issue prepaid, debit and credit cards throughout Latin America.
In turn, Pomelo also solves all regulatory layerenabling its clients to accelerate their launches and focus their resources on improving their value proposition in each market.
The three entrepreneurs have backgrounds in major tech companies such as Google, Mercado Pago, Mastercard and Naranja X, where they have experienced firsthand all the obstacles and difficulties that a company encounters when it wants to start and scale its financial services business outside the country.
Pomelo’s goal is to consolidate and scale the business model across the region, where over 50% of the inhabitants still do not have access to financial services.
Endeavor is the world’s largest community of high-impact entrepreneurs. I have been in Argentina since 1998 and what are today the main unicorns in the country have passed by Mercado Libre and Globant in Despegar and Satellogic.
Source: Clarin