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      Felix Pago Secures $200 Million in Series B Funding for Cross-Border Remittances

      Felix Pago, a startup specializing in stablecoin cross-border remittances, has successfully completed a $200 million Series B funding round. This financing includes $87 million in equity and $113 million in credit line financing, with notable participation from venture capital firm Andreessen Horowitz (a16z) in the equity portion.

      The credit line financing was provided by General Catalyst's Customer Value Fund. Felix Pago has established itself as a leading stablecoin remittance network in Latin America, utilizing WhatsApp as its primary interface and employing USDC and blockchain technology for its settlement processes. This innovative approach has significantly lowered both the cost and time associated with cross-border remittances from the United States to Mexico.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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