Félix raises a $200M mixed Series C for its cross-border payments platform
The WhatsApp-based service lets people in the United States send money to Latin America through conversational AI and blockchain settlement, without installing a separate app.
Remittances inside a familiar channel
Félix handles the transfer flow in WhatsApp, combining conversational AI with blockchain infrastructure to process and settle payments. The company says it has processed more than $8 billion across 11 Latin American markets, while revenue grew more than 2.5 times over the past year.
The financing combines $87 million of equity with a $113 million credit facility from General Catalyst’s Customer Value Fund. The facility is available financing rather than debt already drawn by Félix.
Use of funds
Expand the product offering
Enter new markets across Latin America