Felix Pago, a chat-based money transfer platform, has raised $75 million in a Series B funding round led by QED Investors. The company allows users to send money through WhatsApp and has processed over $1 billion in transfers. It now plans to expand into new countries and financial services.
Investors in the round include Monashees, Switch Ventures, Castle Island, and HTwenty Capital Innovation. While Felix Pago didn’t reveal its valuation, it confirmed it is approaching $1 billion. However, the team prioritizes building useful products over reaching that milestone.
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co-founder and CEO Manuel Godoy wrote on LinkedIn said, “Although we appreciate Bloomberg’s faith in us becoming a ‘unicorn’ in future rounds, here at Félix, we don’t care about that, We focus on what matters: positively impacting the lives of hundreds of thousands of our users every day.”
Felix Pago wants to be the top financial platform for Latino families sending and receiving money across borders. With its new funding, it will expand to Colombia, Ecuador, and Peru and add services like savings accounts and credit alongside money transfers.
About Felix Pago
Launched in 2020, Felix Pago already operates in Mexico, Guatemala, El Salvador, Honduras, and the Dominican Republic. Its success comes from using WhatsApp, a tool many users already have. With low fees and fast transfers—partly powered by stablecoins like USDC—it is competing with major players like Western Union and MoneyGram.
