POPA ReconStablecoin Remittance Company Felix Pago Raises $200 Million in Series B Funding, With a16z Participating
Stablecoin Remittance Company Felix Pago Raises $200 Million in Series B Funding, With a16z Participating Bloomberg reported that stablecoin remittance startup Felix Pago raised $200 million in Series B financing, including $87 million in equity funding led by Andreessen Horowitz (a16z) and a $113 million credit facility from General Catalyst’s Customer Value Fund. Felix Pago primarily provides cross-border remittance services through WhatsApp and uses stablecoins and blockchain infrastructure for settlement. The company has processed more than $8 billion in remittances to date and plans to e…
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