Boosting Latino Financial Inclusion with Félix Pago's $15.5 Million Fundraise

Tuesday, 28 May 2024, 13:35
Félix Pago, a fintech startup, has successfully secured $15.5 million in funding to enhance the ease and convenience of money transfers for Latino workers via WhatsApp. The initiative aims to streamline the process of sending remittances from the U.S. to Latin America, addressing the $155 billion market opportunity. By leveraging innovative technology, Félix Pago seeks to empower Latino communities and strengthen financial connections across borders.
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Boosting Latino Financial Inclusion with Félix Pago's $15.5 Million Fundraise

Félix Pago's Mission

Félix Pago, a fintech startup, has raised $15.5 million to revolutionize money transfers for Latino workers using WhatsApp.

Market Potential

Remittances from the U.S. to Latin America reached $155 billion in 2023, revealing a vast opportunity for financial services providers.

Industry Evolution

  • Banks
  • Money transfer companies
  • Retailers
  • Fintechs

are all looking to enhance the convenience and efficiency of cross-border transactions.

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