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Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp

Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers and fintechs are all trying to make transfers more convenient on both sides of the transaction. Fast-growing startup Félix Pago is one of these players, and recently raised a $15.5 million Series A round of funding to grow its presence in Latin America and the U.S., TechCrunch learned exclusively.
El Salvador United States Castle Island Dominican Republic Mercado Libre Mercado Pago
Source: yahoo.com

Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp

Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers, and fintechs are all trying make transfers more convenient on both sides of the transaction.
United States Dominican Republic El Salvador Castle Island Mercado Libre Emanuel Godoy

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