Pomelo

Pomelo is a financial technology company focused on revolutionizing international money transfers. Their innovative platform combines consumer credit with remittance services, allowing users to send money to loved ones overseas instantly and pay it back later. Unlike traditional remittance companies, Pomelo charges no transfer fees, relying on merchant interchange fees to cover their costs. They offer a Pomelo Mastercard that allows users to build credit while sending money abroad, empowering immigrants and their families.

Pomelo’s mission is to address the challenges faced by immigrants, including limited access to credit and the high costs associated with traditional money transfers. They have received significant funding from investors like Founders Fund and Kevin Hartz, highlighting the potential of their innovative approach to financial inclusion. Their focus on transparency, affordability, and credit-building makes Pomelo a compelling alternative to traditional remittance services, particularly for individuals sending money to the Philippines.

Pomelo offers a flexible work environment with US-based employees receiving 15 days of PTO in their first year, increasing to 20 days thereafter, plus national holidays. They also provide a $1,500 travel perk that covers plane tickets anywhere and a $300 health perk every 12 months. Additionally, their San Francisco office provides daily lunches and snacks.

Pomelo offers a generous benefits package for US-based employees, including comprehensive healthcare coverage with 99% company-paid premiums and 50% for dependents. Employees enjoy ample personal time with 15 days of PTO in their first year, increasing to 20 days thereafter, plus national holidays. Pomelo also provides a $1,500 travel perk covering plane tickets anywhere and a $300 health perk every 12 months. Employees benefit from a great office in downtown San Francisco with daily lunches and snacks, and a competitive salary with meaningful equity. Semi-annual company retreats further foster team relationships and future planning.

Pomelo's mission is to revolutionize international money transfer by combining consumer credit with remittance services. They aim to make sending money abroad faster, easier, and more affordable by eliminating transfer fees and offering a "send now, pay later" option through their Pomelo Mastercard. Pomelo is dedicated to empowering immigrants financially by providing access to credit and building positive credit history, while also fostering a stronger family dynamic through timely and accessible funds.

Pomelo fosters a team-oriented and selfless culture where employees are passionate about their work and motivated by a shared desire to empower immigrants financially. The company emphasizes building a strong team culture that supports and encourages its members, creating an environment where individuals are willing to help each other and prioritize the success of the company's mission. This culture is further evidenced by their leadership team's experience from reputable companies like LendingClub, Cash App, and Google, suggesting a commitment to excellence and innovation.

Pomelo is committed to building a diverse, equitable, and inclusive workplace. This commitment is reflected in their hiring practices, which prioritize diverse candidates and encourage a welcoming environment for all employees. The company believes in providing equal opportunities and fostering a sense of belonging for everyone, regardless of their background, ethnicity, gender, sexual orientation, or any other protected characteristic. Pomelo aims to create a work environment that celebrates individual differences and values the contributions of all employees.