Félix, an AI-powered WhatsApp remittance platform for Latino immigrants, introduced on Tuesday that it has secured $200 million in Collection C funding co-led by Andreessen Horowitz and Normal Catalyst.
A16z led an $87 million fairness funding, with participation from QED Buyers, Fortress Island Ventures, Change Ventures, Contour Enterprise Companions and Endeavor Catalyst. And Normal Catalyst’s Buyer Worth Fund dedicated $113 million in debt to fund Félix’s progress.
Based in 2020 by Manuel Godoy and Bernardo García, Miami-based Félix has now raised a complete of almost $300 million. The corporate didn’t reveal its valuation after its Collection C spherical, saying solely it had “elevated threefold” since its Collection B, a $75 million spherical led by QED Buyers in 2025.
Félix says it has processed greater than $8 billion in transactions thus far and grew income greater than 2.5x previously yr. It connects folks within the U.S. with households throughout 11 Latin American markets together with Mexico, Brazil, Costa Rica, Honduras and Peru.
“I skilled this downside personally,” Godoy stated in a press release. “After I got here to the U.S., even getting a small mortgage was more durable than it ought to have been. Conventional monetary establishments typically begin with the product they need you to make use of. We need to begin with the particular person. You inform Félix what you want, in your personal phrases, and we assist you determine the remainder.”
Ali Yahya, common accomplice of a16z crypto, stated in a press release that he believes Félix represents “what the way forward for monetary companies can seem like for tens of millions of Latinos in the USA.”
“Félix has packaged two frontier applied sciences, AI and blockchain networks, into one thing easy and consumer-friendly: a greater strategy to ship and obtain cash,” he added.
The corporate plans to make use of its new capital to increase its choices and enter new markets throughout Latin America.
General, fintech startups raised $28.6 billion globally within the first half of 2026, a 22.7% improve from the primary half of 2025, however down 17.3% in comparison with the $34.6 billion raised within the second half of final yr, per Crunchbase knowledge.
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Illustration: Dom Guzman
This story was up to date to make clear the corporate’s valuation.
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