05-04-2025
QED Leads $75 Million Round for Remittance Startup Felix
Remittance startup Felix Pago raised $75 million in a Series B round led by QED Investors as it looks to expand operations to more countries in Latin America and broaden its product offering.
The Miami-based startup, which handled more than $1 billion of money transfers in 2024 through its platform operated on WhatsApp, plans to enter Colombia, Ecuador and Peru while expanding beyond remittances to offer credit products and savings accounts, Chief Executive Officer and co-founder Manuel Godoy said in an interview.
