VENDOR · US
Félix raises $200M in Series C plus debt to expand beyond remittances; targets full financial services
Félix, a WhatsApp-based remittance platform for Latino immigrants in the US, raised $87M Series C equity plus debt to broaden into lending, payments, and other financial products. Signals remittance neobanks are converting into full BFSI platforms.
WHY IT MATTERS
Remittance rails are gateway to deeper financial relationships. BFSI incumbents should monitor Félix and peers for credit/lending ambitions; if neobanks capture underserved segments, they may attract regulatory oversight and force banks to build competing products.
Source: Finextra · 2026-09-02