Felix Pago Raises $200 Million to Expand Stablecoin Remittances

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The post Felix Pago Raises $200 Million to Expand Stablecoin Remittances appeared first on Coinpedia Fintech News

Stablecoin remittance startup Felix Pago raised $200 million in Series B funding, including $87 million in equity led by Andreessen Horowitz and a $113 million credit facility from General Catalyst’s Customer Value Fund. The company uses stablecoins and blockchain infrastructure to settle cross-border payments through WhatsApp. Felix Pago has processed more than $8 billion in …