WhatsApp Remittance Startup Félix Secures $200M Series C Led By A16z, General Catalyst

Miami-based remittance company Félix has secured $200 million in Series C funding to expand its conversational money transfer service. Andreessen Horowitz led an $87 million equity portion with participation from QED Investors, Castle Island Ventures, Switch Ventures, Contour Venture Partners, and Endeavor Catalyst. Additionally, General Catalyst's Customer Value Fund committed $113 million in debt.

Founded in 2020 by Manuel Godoy and Bernardo García, the startup has now raised nearly $300 million in total funding. Félix operates through WhatsApp, leveraging artificial intelligence and blockchain networks to help Latino immigrants in the United States send funds to families across 11 Latin American countries, including Mexico, Brazil, Costa Rica, Honduras, and Peru. The company reported that its revenue grew more than 2.5 times over the past year and that it has processed over $8 billion in total transaction volume.

Its exact valuation was not disclosed, though the company stated it tripled compared to its 2025 Series B round. The deal highlights how combining messaging platforms with AI capabilities can create accessible financial tools for international payments. Globally, fintech startups raised $28.6 billion in the first half of 2026, representing a 22.7 percent increase compared to the first half of 2025 as investors direct capital toward artificial intelligence and underlying financial infrastructure.