Pomelo

Pomelo simplifies international money transfers, focusing on markets like the Philippines, Mexico, and India. It offers a mobile app and a card system that allows users in the U.S. to send money to family members abroad instantly and without fees. Recipients receive a Pomelo card, enabling them to access funds immediately without cash pickup. Unlike traditional services that charge high fees, Pomelo uses credit for transactions, which also helps users build their credit scores. This dual benefit of fee-free transfers and credit building sets Pomelo apart from competitors. The company's goal is to provide a seamless, cost-effective money transfer service while enhancing users' financial futures.