
Pomelo
117 posts

Pomelo
@pomelocard
The refreshing free way to send money with credit. #remittance Banking services provided by Coastal Community Bank, Member FDIC. Terms & Conditions Apply



A fintech startup combining 3 interesting aspects: - consumer - credit - remittance At Stilt, we partnered with Remitly to power lending for immigrants sending money home. It worked well. The average credit quality is higher and fraud is lower. An implicit positive signal is that immigrants saving to send money home are more responsible. We saw a strong correlation between sending money home and credit quality. Hopefully, the unit economics are good for Pomelo. techcrunch.com/2024/04/22/pom…












A big day! Great work Eric! Youre going to change so many peoples lives around the world with this!







