Félix raises $200 million for WhatsApp remittance platform

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Félix has raised $200 million in a Series C funding round. This funding will support the expansion of their AI-powered WhatsApp remittance platform, which serves Latino immigrants.

Key facts

• Félix secured $200 million in Series C funding.
• The funding round was co-led by Andreessen Horowitz and General Catalyst.
• Félix operates an AI-powered WhatsApp remittance platform for Latino immigrants.
• The company is based in Miami.
• The funding is intended to support service expansion and technological development.