Pelocal secures $5 million to scale AI-led WhatsApp payments
Fintech startup Pelocal has raised $5 million in Series A funding led by UNLEASH Capital Partners and Unicorn India Ventures. The Mumbai-based firm will use the funds to expand its AI-led payments orchestration platform and strengthen its WhatsApp-first strategy, already serving over 40 enterprises and 5 million users across banking, transit, and utilities.