Felix Pago completes $200 million Series C funding, led by a16z
On September 2nd, fintech startup Felix Pago completed a $200 million Series C funding round, with a16z leading the $87 million equity financing and General Catalyst's Customer Value Fund providing a $113 million credit line. Felix Pago provides remittance services from the United States to Latin America through WhatsApp, using USDC and blockchain for settlement in the background, and plans to expand financial services such as loans and savings through new financing.