Felix Pago raises $200M in Series B funding led by a16z to scale stablecoin remittances

Felix Pago secured $200 million in Series B funding with a16z leading the round, aimed at expanding its stablecoin-based remittance platform. The capital injection is intended to accelerate the company's ability to scale operations focused on cross-border money transfers using stablecoins.

The funding reflects investor confidence in stablecoin infrastructure for remittance use cases, where faster settlement and lower fees than traditional channels remain a core value proposition. The deployment of this capital could broaden access to remittance services, particularly in markets with limited traditional banking infrastructure.

• Felix Pago raised $200M Series B led by a16z to expand stablecoin remittance services and cross-border transaction capabilities.
• The funding signals investor backing for stablecoin adoption in remittances, an area where blockchain-based transfers offer speed and cost advantages over traditional rails.
• Scale-up could improve financial inclusion by providing faster, cheaper cross-border payment options in underserved regions.