Pomelo Launches First-Ever Rewards Program for International Money Transfer [Yahoo! Finance]
Coastal Financial Corporation (CCB)
Last coastal financial corporation earnings: 4/27 09:25 am
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Source: Yahoo! Finance
2 min read SAN FRANCISCO Feb. 6, 2025 /PRNewswire/ -- Pomelo , the first company to combine consumer credit with international money transfer, has released Pomelo Points , the industry's first points program for sending money overseas. Pomelo "Today marks another industry first - we're introducing the only points program in remittance," said Eric Velasquez Frenkiel, founder and CEO of Pomelo. "By combining zero-fee transfers with the ability to earn points, we're helping customers send extra joy to their loved ones, all while building their financial future." The Pomelo Points program allows customers to earn points on every transfer to the Philippines , which can be converted into digital gift codes for rides, food delivery, and more through Pomelo's partnership with Grab, Southeast Asia's leading super-app. With Pomelo Points , customers earn one point for every dollar sent using a debit card and two points when using their Pomelo Mastercard®. The launch of Pomelo Point
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CCB
Earnings
- 10/30/25 - Miss
CCB
Sec Filings
- 12/11/25 - Form 4
- 12/9/25 - Form 4
- 12/8/25 - Form 4
- CCB's page on the SEC website