History of Stanford University

New Fintech Launches with $20 million in Seed Capital, $50m Warehouse to be the First to Combine Credit and International Money Transfer

Retrieved on: 
Tuesday, August 16, 2022

SAN FRANCISCO, Aug. 16, 2022 /PRNewswire/ -- Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to combine credit and international money transfer. Pomelo also announced its official launch and availability to serve its first corridor, the Philippines. Keith Rabois at Founders Fund as well as Kevin Hartz, Co-Founder of Xoom and General Partner, at A* Capital led the round with Afore Capital, Xfund, Josh Buckley, the Chainsmokers, and the Weeknd also investing in the round.

Key Points: 
  • Pomelo is a new credit card that allows consumers to extend credit to family overseas to solve remittance transfer.
  • "Pomelo is on a mission to change how international money transfer fundamentally works," said Eric Velasquez Frenkiel, Pomelo founder and CEO.
  • For many of our customers, Pomelo is their first credit card here in the US and the very first card for their loved ones overseas."
  • "Even when financial activity is conducted responsibly, individuals remain credit invisible unless it can be reflected on their credit score.

Healthcare Fraud Prevention Partnership Releases White Paper on COVID-19-Related Fraud, Waste, and Abuse

Retrieved on: 
Thursday, January 13, 2022

As a result of these changes, potential vulnerabilities have been identified that enabled bad actors to adapt previously existing healthcare fraud, waste, and abuse schemes.

Key Points: 
  • As a result of these changes, potential vulnerabilities have been identified that enabled bad actors to adapt previously existing healthcare fraud, waste, and abuse schemes.
  • In response, the Healthcare Fraud Prevention Partnership (HFPP), detailed below, has released its latest white paper titled, " Fraud, Waste, and Abuse in the Context of COVID-19 ".
  • The HFPP is a voluntary public-private partnership whose members work to identify and preventfraud, waste, and abuse across the healthcare sector.
  • The ultimate goal of the HFPP is to stop waste, fraud, and abuse before they even startand before healthcare dollars are lost or stolen.

Jennifer Keller and Reuben Camper Cahn selected as "Top 100 Lawyers in California"

Retrieved on: 
Thursday, September 16, 2021

"This honor attests to the outstanding capabilities of not just Jennifer and Reuben but other KA attorneys who work behind-the-scenes to achieve success for our clients."

Key Points: 
  • "This honor attests to the outstanding capabilities of not just Jennifer and Reuben but other KA attorneys who work behind-the-scenes to achieve success for our clients."
  • Jennifer Keller has now been selected fourteen times for the Top 100 list.Ms.
  • Keller is a Fellow of the invitation-only American College of Trial Lawyers and a 2018 inductee into the California Lawyers Association Trial Lawyer Hall of Fame.
  • Reuben Camper Cahn was also selected by the Daily Journals for the 2020 "Top White Collar Lawyers in California."