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Félix Pago has raised $75 million in a Series B funding round led by QED Investors. This investment will help transform financial services for Latino immigrants in the United States and their families in Latin America through advanced technology.

PRIVATEApr 09, 2025over 1 year ago

Amount Raised

$75 Million

Round Type

Series B

San FranciscoInformation TechnologyFinancial Services

Investors

Qed Investors

Description

Félix Pago, a leading cross-border remittance platform, has successfully raised $75 million in a Series B funding round led by QED Investors. This significant investment will propel Félix Pago's mission to transform financial services for Latino immigrants in the United States and their families in Latin America through advanced technology. The funding will enable Félix Pago to expand its operations and enhance its platform, furthering its goal of transforming the remittance industry. Orrick represented Félix.

Company Information

Company

Felix Technologies

Location

2261 MARKET STREET

San Francisco, California, United States

About

Felix is a chat-based digital platform that enables cross-border payments. It uses blockchain technology, natural language processing, and other artificial intelligence features to simplify and automate transactions.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Felix Technologies 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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