Félix, an AI-powered WhatsApp remittance platform for Latino immigrants, announced on Tuesday that it has secured $200 million in Series C funding co-led by Andreessen Horowitz and General Catalyst.
A16z led an $87 million equity investment, with participation from QED Investors, Castle Island Ventures, Switch Ventures, Contour Venture Partners and Endeavor Catalyst. And General Catalyst’s Customer Value Fund committed $113 million in debt to fund Félix’s growth.
Founded in 2020 by Manuel Godoy and Bernardo García, Miami-based Félix has now raised a total of nearly $300 million. It was valued at $484.5 million at the time of its last raise — a $75 million Series B led by QED Investors. The company did not reveal its valuation after its Series C round, saying only it had “increased threefold” since its Series B, which would propel the company to unicorn status.
Félix says it has processed more than $8 billion in transactions to date and grew revenue more than 2.5x in the past year. It connects people in the U.S. with families across 11 Latin American markets including Mexico, Brazil, Costa Rica, Honduras and Peru.
“I experienced this problem personally,” Godoy said in a statement. “When I came to the U.S., even getting a small loan was harder than it should have been. Traditional financial institutions often start with the product they want you to use. We want to start with the person. You tell Félix what you need, in your own words, and we help you figure out the rest.”
Ali Yahya, general partner of a16z crypto, said in a statement that he believes Félix represents “what the future of financial services can look like for millions of Latinos in the United States.”
“Félix has packaged two frontier technologies, AI and blockchain networks, into something simple and consumer-friendly: a better way to send and receive money,” he added.
The company plans to use its new capital to expand its offerings and enter new markets across Latin America.
Overall, fintech startups raised $28.6 billion globally in the first half of 2026, a 22.7% increase from the first half of 2025, but down 17.3% compared to the $34.6 billion raised in the second half of last year, per Crunchbase data.
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Illustration: Dom Guzman
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