VENDOR · US
Felix Pago raises $200M to expand beyond remittances into lending and savings
Miami-based money transfer startup Felix Pago secured $200M in funding to launch lending and deposit products for Latin American immigrant customers, diversifying beyond remittance revenue.
WHY IT MATTERS
Remittance fintech turning full BFSI competitor signals market consolidation. Traditional correspondent banks face margin erosion on cross-border flows.
Source: PYMNTS · 2026-09-01