Félix raises $200m in equity and debt to expand beyond remittances
Félix, a chat-based platform that utilises WhatsApp to enable Latino immigrants in the US to send money abroad, is planning to add a host of other financial products after raising $87 million in a Series C equity round.
Félix, a chat-based platform that utilises WhatsApp to enable Latino immigrants in the US to send money abroad, is planning to add a host of other financial products after raising $87 million in a Series C equity round.
BELLINGS Intelligence Score: 12
Why it matters
This is a routine capital raise by a fintech company expanding its product offering, which is ordinary business activity with limited immediate impact on credit markets or systemic conditions.
Sources
Finextra
Félix raises $200m in equity and debt to expand beyond remittances
Félix, a chat-based platform that utilises WhatsApp to enable Latino immigrants in the US to send money abroad, is planning to add a host of other financial products after raising $87 million in a Series C equity round.