Pomelo and Thunes Partner for Cross-Border Finance Innovation



Pomelo and Thunes collaborate to drive innovation in cross-border finance with a new credit-based digital wallet solution, enhancing financial services globally.

Pomelo and Thunes have joined forces to spearhead innovation in cross-border finance through the introduction of a credit-based digital wallet solution, aimed at enhancing financial services on a global scale. This strategic partnership between Thunes, a renowned leader in money movement innovation, and Pomelo, a pioneering credit-powered remittance company and credit card issuer, has paved the way for a revolutionary international money transfer solution from the United States to the Philippines.

Pomelo and Thunes Partner for Cross-Border Finance Innovation

Unlike traditional remittance methods that rely on money transfer operators or banks, Pomelo has taken a unique approach by underwriting each customer to provide a credit line for funding their remittance transfers. This not only helps customers build their credit history in the United States but also sets Pomelo apart as the first fintech solution to proactively address cross-border money transfers in the global remittance market.

Through Pomelo, cardholders can seamlessly transfer their credit line directly to the recipient's GCash digital wallet using Thunes' extensive network. With a large percentage of Filipinos utilizing digital wallets, particularly the GCash brand, this partnership is well-positioned to meet the increasing demand for convenient and cost-effective remittance solutions. Furthermore, Pomelo cardholders can support up to three family members or friends worldwide, providing them with access to competitive exchange rates and eliminating transfer fees typically charged by traditional money transfer companies.

The collaboration between Thunes and Pomelo is just the beginning, with plans to expand this innovative service to other popular US/international markets such as Mexico and India. This expansion underscores the commitment of both companies to revolutionize the remittance industry and offer seamless, cost-effective solutions that prioritize customer convenience and financial empowerment.

The partnership between Thunes and Pomelo represents a significant advancement in the realm of international money transfers, offering a transformative solution that enhances customer experience and financial flexibility.

Pomelo and Thunes Partner for Cross-Border Finance Innovation

Support Ogusyis by making a contribution – no matter how small.


Enter your amount
£
Enter your amount
£
Enter your amount
£
Yourname
Email
Phone


INZMO Launches AI-Powered Legal Chatbot for German Tenants & Landlords

INZMO, a top Berlin InsurTech, introduces a new AI chatbot to provide tailored legal support for tenants and landlords in Germany's competitive rental market.

INZMO, a top Berlin InsurTech, introduces a new AI chatbot to provide tailored legal support for tenants and landlords in Germany\'s competitive rental market.

Read more

Vancouver FinTech Startup Blossom Social Raises $2.1m CAD for US Expansion

Learn how Blossom Social, a Vancouver-based FinTech startup, secured over $2.1m CAD in seed funding to expand its investing social network into the US market.

Learn how Blossom Social, a Vancouver-based FinTech startup, secured over $2.1m CAD in seed funding to expand its investing social network into the US market.

Read more

FutureMoney Launches Micro-Investing Platform for Building Generational Wealth

Discover how FutureMoney, a FinTech company founded by industry veterans, is revolutionizing the way families build wealth for future generations.

Discover how FutureMoney, a FinTech company founded by industry veterans, is revolutionizing the way families build wealth for future generations.

Read more

Swiss Fintech Safeguards Funds from Currency Depreciation

Explore how nsave, a Swiss fintech company, is aiding individuals from fragile economies in protecting their money through secure offshore accounts.

Explore how nsave, a Swiss fintech company, is aiding individuals from fragile economies in protecting their money through secure offshore accounts.

Read more

Stockholm’s Grasp Raises €1.9M for AI Investment Banking Assistant

Discover how Grasp's AI platform is revolutionizing investment banking and management consulting with €1.9M in funding.

Discover how Grasp\'s AI platform is revolutionizing investment banking and management consulting with €1.9M in funding.

Read more

WaFd Bank Enhances Small Business Banking Offerings with CashFlow Central from Fiserv

Learn how WaFd Bank is enhancing their small business banking offerings with CashFlow Central from Fiserv. Streamline payments and save time with their comprehensive services.

Learn how WaFd Bank is enhancing their small business banking offerings with CashFlow Central from Fiserv. Streamline payments and save time with their comprehensive services.

Read more

UK SME lender Iwoca secures £270m debt funding from Citibank and Barclays

Iwoca, a UK-based SME lender, has landed a substantial £270 million debt funding package from Citibank and Barclays to expand its operations in the UK and Germany.

Iwoca, a UK-based SME lender, has landed a substantial £270 million debt funding package from Citibank and Barclays to expand its operations in the UK and Germany.

Read more

UK lender Abound secures £800m in financing round

UK-based credit technology firm Abound secures £800m in new financing round, including equity and debt financing from Citi and GSR Ventures.

UK-based credit technology firm Abound secures £800m in new financing round, including equity and debt financing from Citi and GSR Ventures.

Read more

HSBC Innovation Banking funds Danish fintech Pleo with €40m debt

HSBC Innovation Banking provides Danish fintech Pleo with a substantial €40m debt financing. Explore the details of this exciting partnership.    

HSBC Innovation Banking provides Danish fintech Pleo with a substantial €40m debt financing. Explore the details of this exciting partnership.    

Read more

Copyright © Ogusyis. All rights reserved. The Content may not be copied, distributed,  republished, uploaded, posted or transmitted in any way without the prior written consent of Ogusyis.