BELLINGS

Cross Border Money Transfer Outfit Félix Raises $200 Million

Cross-border money transfer startup Félix Pago has secured $200 million in Series C funding for its technology, which leverages WhatsApp to offer a conversational remittance experience for Latinos and Hispanics living in the US. The round consists of $87 million in equity…

Cross-border money transfer startup Félix Pago has secured $200 million in Series C funding for its technology, which leverages WhatsApp to offer a conversational remittance experience for Latinos and Hispanics living in the US. The round consists of $87 million in equity…

BELLINGS Intelligence Score: 12

Why it matters

The $200 million Series C funding for Félix, a cross-border money transfer startup, is a notable private financing event but represents routine venture capital activity without systemic or broad market impact.

Sources

  • Finovate

    Cross Border Money Transfer Outfit Félix Raises $200 Million

    Cross-border money transfer startup Félix Pago has secured $200 million in Series C funding for its technology, which leverages WhatsApp to offer a conversational remittance experience for Latinos and Hispanics living in the US. The round consists of $87 million in equity…