Remittances Reborn: How Felix Pago is Revolutionising Sending Money HOME for Latino Workers

‘Home’ evokes deep emotions as over 47 million Latino workers in the US send money to their families, creating a bridge of hopes and dreams. Felix Pago, a fintech startup, is revolutionising this process with its latest $15.5 million Series A fundraising, reimagining cross-border remittances.

Bridging Distances with Financial Inclusion

The Plight of Traditional Money Transfers

Latino workers have traditionally faced high fees and poor accessibility when sending money home. Through WhatsApp, Felix Pago presents an innovative solution to these challenges.

Felix Pago's Innovative Solution

Utilizing WhatsApp for remittances, Felix Pago eliminates costly services and transaction costs by up to 70%, offering an easier and cheaper method for rural communities.

Empowering Communities One Transaction at a Time

Strengthening Local Economies

Felix Pago collaborates with financial institutions to ensure recipients in Latin America can access funds, stimulating local economies and financial strengthening.

The Potential for Expansion

With new funding, Felix Pago is set for rapid expansion and service diversification in Latin America, promising a larger market share in remittances.

Forging a Path Forward

Unwavering Commitment to Its Roots

Inspired by founders' personal experiences, Felix Pago is dedicated to breaking barriers in remittance channels, offering inclusive financial services to Latino workers.

A Vision for the Future

Felix Pago aims to make remittance flows cheaper and easier, strengthening the financial health and economic resilience of Latin American communities.

Conclusion: Reimagining HOME

Felix Pago goes beyond technological disruption, recasting the concept of home for Latinos abroad, offering a lifeline of connection, love, and support, embodied in the spirit of familia.

Understanding HOME

A space where Felix Pago's vision of home fosters a sense of belonging and a shared identity, transcending physical and financial barriers to form a transnational family connected by love and support.

May 29, 2024
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