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Félix lands $200M for WhatsApp-based remittances in Latino market

A Miami startup using AI to let Latino immigrants send money via WhatsApp has raised a $200 million Series C. Andreessen Horowitz and General Catalyst led the round for Félix, which targets remittance flows through the messaging platform.

Sources: news.crunchbase.com

“The round’s size signals growing investor confidence in embedding financial services directly into everyday communication tools, a shift that could pressure traditional remittance providers.”
— StartupReader
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