- Companies
- Félix
Félix Valuation, Funding & Investors
Félix is valued at $1.4B as of September 2026.
Last Félix valuation
$1.4B
Series C · Sep 2026
Last Félix funding round
$87M
Series C · Sep 2026
Cumulative funding Félix raised
$187M
across 7 funding rounds
Key investors in Félix
Switch Ventures
H20 Capital
Castle Island Ventures
QED Investors
Contour Venture Partners
MELI Capital
About Félix
Félix is a Mexico City-headquartered fintech founded in 2022 offering chat-based remittances for Latinos in the United States sending funds to Latin America. The platform employs blockchain stablecoins and AI-driven verification for instant, low-cost transfers via WhatsApp integration. Services cover payouts to Mexico, Colombia, and other countries, streamlining traditional remittance corridors with mobile-first accessibility.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$1.4B (Sep 2026)
Félix Valuation
Félix is currently valued at $1.4B, based on its Series C in September 2026.
The $87M round was led by Andreessen Horowitz, with participation from Castle Island Ventures, QED Investors, Endeavor Catalyst, Contour Venture Partners and Switch Ventures.
Félix valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2026 | Series C | $1.4B |
Félix Funding History
Félix has raised a total of $187M across 7 funding rounds.
Félix's first fundraising round was a $5M pre-seed round in May 2021. The most recent completed round was a $87M Series C in September 2026.
Félix funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series C | Andreessen Horowitz (lead); Castle Island Ventures; QED Investors; Endeavor Catalyst; Contour Venture Partners; Switch Ventures | $87M | $1.4B | Félix raised $200 million in Series C financing in September 2026, consisting of an $87 million equity investment led by Andreessen Horowitz and a $113 million commitment from General Catalyst’s Customer Value Fund. The round was also joined by QED Investors, Castle Island Ventures, Switch Ventures, Contour Venture Partners, and Endeavor Catalyst. The capital is intended to expand Félix beyond remittances into lending and savings through third-party solutions, while funding the development of a “Cognitive Financial Companion” on WhatsApp for the U.S. Latino community. Félix positions itself as an AI-driven financial platform focused on remittances, mobile top-ups, and broader consumer financial services for Latino immigrants in the United States. Félix is a Miami-based fintech startup built around a WhatsApp remittance experience and AI-powered financial services for Latino immigrants. The company’s service expansion is designed to move the platform from money transfers toward a broader financial-services suite, using conversational interfaces to interpret user needs and connect customers with relevant products. |
| Apr 2025 | Series B | QED Investors (lead); General Catalyst; Castle Island Ventures; H20 Capital; Switch Ventures; MONASHEES | $75M | - | Félix (also known as Félix Pago) is a Miami-based chat-based remittance platform that enables Latino immigrants in the United States to send money abroad using WhatsApp and stablecoins. Founded in 2020 by Venezuelan Manuel Godoy and Mexican Bernardo García, the company combines blockchain and artificial intelligence technology to disrupt cross-border payments for the Latino diaspora. In April 2025, Félix raised $75 million in Series B funding led by QED Investors, with additional participation from Monashees, Switch Ventures, Castle Island Ventures, HTwenty, General Catalyst Customer Value Fund, and Endeavor Catalyst. The company declined to disclose its post-money valuation, though CEO Manuel Godoy confirmed the company is nearing the $1 billion unicorn milestone while emphasizing that valuation status is less important than building products users need. At the time of the Series B announcement, Félix had demonstrated strong operational traction. The company processed over $1 billion in remittances in the preceding year, attracted over 250,000 new users, achieved 12x revenue growth from 2023 to 2024, and maintained a Net Promoter Score above 90. The platform already served Mexico, El Salvador, Honduras, Guatemala, and the Dominican Republic. Félix planned to deploy Series B capital toward expanding geographically into Colombia, Ecuador, and Peru, introducing additional financial products including savings accounts and credit offerings, upgrading infrastructure, and scaling its team. The funding round included returning investors from the company's $15.5 million Series A in May 2024. |
| May 2024 | Series A | Castle Island Ventures (lead); Contour; H20 Capital; MELI Capital; Switch Ventures | $5M | - | Félix Pago is a Mexico-based fintech providing cross-border money transfer services via WhatsApp. Castle Island Ventures led its USD 15.5 million Series A round on May 28, 2024, with participation from Switch Ventures, HTwenty (H20 Capital), Contour Venture Partners, and Mercado Libre’s MELI Capital. In a later $75 million Series B round, QED Investors took the lead, with Switch Ventures, Castle Island, HTwenty, Monashees, Endeavor Catalyst Fund, and General Catalyst Customer Value Fund participating. Félix Pago processed over $1 billion in money transfers in 2024 and plans to expand across Latin America while adding credit products and savings accounts. |
| Jan 2024 | Series A | Castle Island Ventures (lead); H20 Capital; Switch Ventures | $11M | - | - |
| Sep 2023 | Seed | Switch Ventures (lead); Newtopia VC; Newtopia Investments; H20 Capital; MELI Capital; Contour Venture Partners; Unpopular Ventures | $3M | - | - |
| Sep 2022 | Pre-seed | Sequoia Scout; Brightness Corp; Nicoya Ventures; ScoutFund | $600K | - | - |
| May 2021 | Pre-seed | Switch Ventures (lead); Wharton School of the University of Pennsylvania; H20 Capital; Global Founders Capital; Brightlane Ventures; The MBA Fund; Dorm Room Fund | $5M | - | - |
Who has invested in Félix?
23 investors have backed Félix across its funding rounds, including Switch Ventures, H20 Capital, Castle Island Ventures, QED Investors, Contour Venture Partners and MELI Capital.
Lead investors include Andreessen Horowitz, QED Investors, Castle Island Ventures and Switch Ventures.
Félix Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Lead | May 2021 | ||
| 5 | Participant | May 2021 | ||
| 4 | Lead | Jan 2024 | ||
| 2 | Lead | Apr 2025 | ||
| 2 | Participant | Sep 2023 | ||
| 2 | Participant | Sep 2023 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Participant | May 2021 | ||
| 1 | Participant | Sep 2022 | ||
| 1 | Participant | Sep 2022 | ||
| 1 | Participant | Sep 2023 | ||
| 1 | Participant | May 2024 | ||
| 1 | Participant | Sep 2022 | ||
This data is available for Pro users. Sign up to see all 23 Félix investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialFélix Competitors
Félix competitors include listed companies like PicPay, Rhino Bitcoin, Wise and PayPay, and private ones like Chipper Cash and Fasset.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $75M | - | $1.3B | 16.7x | ||
| Publicly listed | $1.2B | $205M | $1.2B | 0.5x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $478K | ($417K) | $594M | - | ||
| Publicly listed | $2.7B | $631M | $12B | 4.2x | ||
| Publicly listed | $2.4B | $746M | $12B | 4.4x |
Félix Public Comps
Félix is still privately-owned, but its public comps include Securitize, PicPay, Wealthfront, OSL Group, Kbank, IDT, Sharplink, Agibank, Superbank Indonesia and Forbright Bank.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $62M | ($34M) | 25.5x | 22.2x | (46.0x) | (37910.8x) | |||
| $1.2B | $205M | 1.0x | 0.5x | 6.0x | 3.8x | |||
| $365M | ($93M) | 4.3x | 4.2x | (17.0x) | 9.9x | |||
| $62M | ($48M) | 16.6x | 11.3x | (21.7x) | (23.2x) | |||
| $461M | - | 3.5x | 4.2x | - | - | |||
| $1.2B | $121M | 1.2x | 1.2x | 12.4x | 9.9x | |||
| $28M | ($734M) | 61.9x | 39.9x | (2.4x) | 141.1x | |||
| $1.3B | $227M | 0.8x | 0.6x | 4.4x | 5.3x | |||
This data is available for Pro users. Sign up to see all Félix competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Félix
| When was Félix founded? | Félix was founded in 2020. |
| Where is Félix headquartered? | Félix is headquartered in San Francisco, CA, United States. |
| Is Félix publicly listed? | No, Félix is a private, VC-backed company. |
| What is Félix's valuation? | Félix was last valued at $1.4B in its Series C in September 2026. |
| How much funding has Félix raised? | Félix has raised $187M across 7 funding rounds. |
| What was Félix's last funding round? | Félix's last funding round was a $87M Series C in September 2026, led by Andreessen Horowitz. |
| Who are Félix's investors? | Félix's investors include Switch Ventures, H20 Capital, Castle Island Ventures, QED Investors, MELI Capital, Contour Venture Partners, General Catalyst, Wharton School of the University of Pennsylvania, Sequoia Scout, Brightness Corp and 13 others. |
| Which companies are comparable to Félix? | Companies comparable to Félix include Chipper Cash, PicPay, Fasset, Rhino Bitcoin, Wise and PayPay. |
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