[a16z Leads $200M Series C Funding for U.S. Remittance Startup Felix Pago, Focuses on Stablecoin Remittances and Financial Services] BlockBeats News, September 2: Fintech startup Felix Pago, which provides cross-border remittance services for Latin American immigrants, has completed a $200 million Series C funding round. Among the funding, a16z led with $87 million in equity financing, while General Catalyst's Customer Value Fund provided $113 million in credit facilities. Felix Pago primarily offers remittance services from the U.S. to Latin America via WhatsApp, utilizing USDC and blockchain for settlement on the backend. The company plans to use the new funding to expand from its core remittance business into financial services such as loans and savings. [Original Link]