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Félix, a Miami-based fintech startup, has secured $200 million in a Series C funding round led by Andreessen Horowitz and General Catalyst. The company aims to expand its product offerings and enter new Latin American markets.

PRIVATESep 02, 20266 days ago

Amount Raised

$200 Million

Round Type

Series C

Artificial IntelligenceFintechBlockchain

Investors

Endeavor CatalystContour Venture PartnersSwitch VenturesCastle Island VenturesQed InvestorsGeneral CatalystAndreessen Horowitz

Description

Félix has raised $200 million in a Series C funding round. This round was co-led by Andreessen Horowitz and General Catalyst, with additional participation from several investors. The funding will be used to expand Félix's product offerings and reach new markets across Latin America. The innovative startup focuses on providing AI-powered remittance services for Latino immigrants.

Company Information

Company

Félix

About

Félix is a chat-based platform that enables Latino immigrants in the U.S. to send money to their loved ones in Latin America. The company aims to enhance financial inclusion by providing easy access to money transfer services using a conversational interface. Founded in 2020, Félix leverages artificial intelligence and blockchain technology to offer secure and affordable remittance solutions. With over 250,000 users and significant growth in revenue, Félix seeks to expand its geographical presence and product offerings.

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Funding Insights

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Félix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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