Félix Secures $200M a16z-Led Funding for WhatsApp Transfers on USDC
Félix raises $200 million led by a16z for its WhatsApp money app aimed at US Latino families, with transfers running on USDC rails.
Félix, a fintech app that targets US Latino families through WhatsApp, has raised $200 million in a funding round led by a16z.
The app handles money transfers for its users. Most of those transfers already move on USDC stablecoin rails that remain invisible to the end user.
Remaining Unknowns
Exact round terms, company valuation, and any deployment timeline are not stated in the available information.