Felix Pago Raises $200 Million to Expand Stablecoin Remittances
8 Articles
8 Articles
Felix Pago closed a $200 million USD Series B led by a16z to expand its remittances through USDC and blockchain, while preparing new financial products for Latin American immigrants in the United States.
Payments startup Felix Pago raises $200M for AI and financial-services push
Felix Pago's funding boost could accelerate stablecoin adoption, enhancing financial inclusion and innovation in cross-border transactions. The post Payments startup Felix Pago raises $200M for AI and financial-services push appeared first on Crypto Briefing.
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Felix Pago Raises $200 Million to Expand Stablecoin Remittances
The post Felix Pago Raises $200 Million to Expand Stablecoin Remittances appeared first on Coinpedia Fintech News Stablecoin remittance startup Felix Pago raised $200 million in Series B funding, including $87 million in equity led by Andreessen Horowitz and a $113 million credit facility from General Catalyst’s Customer Value Fund. The company uses stablecoins and blockchain infrastructure to settle cross-border payments through WhatsApp. Felix…
According to ChainCatcher, stablecoin cross-border remittance startup Felix Pago announced the completion of a $200 million Series B round, according to Bloomberg. The funding round included $87 million in equity funding and a $113 million line of credit financing. Among them, Andreessen Horowitz (a16z) participated in equity financing, and line of credit financing came from General Catalyst's Customer Value Fund. Felix Pago is currently one of …
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