Key Data

• Trading Name: Pomelo Pay
• Legal Entity: Pomelo Group Ltd/Pomelo Hong Kong Limited
• Activities: Payment Solution
• Location: London, UK
• Regulations: regulated EMI by the FCA
• Key People: Vincent Choi (Linkedin)

Pomelo Pay is a payment solution for businesses that helps merchants accept card payments with ease. It offers a range of simple payment tools that allow merchants to get paid in a flash with no separate card machines, no long-term contracts, and no additional fees.

The company standing behind the platform was launched in 2018. It is headquartered in London, but has offices in other countries as well. In Series A funding the company raised 12.81M USD with the goal to fuel its global growth, expand to Asia, and develop further.

In 2019, the company started a partnership with the Bank of Maldives. It also expanded to Asia and opened a new office in Singapore. In 2020, the office in Vietnam started working.

Offering

Its offer, which combines the latest QR code, API and NFC technology, provides a flexible payment solution for a broad range of payment options including in-person payments, payment links, online shops, contactless table ordering and menu makers.

Fees

The platform charges 1.49% per transaction. The fee is the same regardless of the amount.

Industries

Low to High Risk:

Construction & trades, Food & beverage, Financial institutions, Travel & hospitality

Regulation

Pomelo Group Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 FRN 928018 for the issuing of electronic money.

People

• Vincent Choi (Linkedin): CEO & Founder

Customer review

Google: 4,2 Stars with 5 Reviews

Trustpilot: 3,5 Stars with 21 Reviews

Conclusion

We rate Pomelo Pay GREEN, due to the fact that all the necessary information is given, licensing is available and there are no irregularities.