Félix Secures $200 Million in a16z-Led Round to Expand Stablecoin Financial Services

Félix, a WhatsApp-based remittance service, raised $200 million in a funding round led by Andreessen Horowitz (a16z). The platform currently settles transfers using USDC, allowing users to move money without direct crypto interaction. The company plans to utilize the new funding to expand its infrastructure to include lending and savings products.