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Felix

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Felix is the most convenient way to send money to Mexico

San Francisco, United StatesFounded 2020Fintech
Valuation $250–500M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Felix and the history behind them.

About Felix

Felix Pago is a financial technology company that facilitates remittances for Latin Americans living in the United States. The service allows users to send money to Mexico, Guatemala, Honduras, El Salvador, the Dominican Republic, and Colombia through WhatsApp, eliminating the need to download a separate application or wait in lines.

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The company's business model is based on transaction fees and currency exchange rates. Felix Pago charges a fee for each transaction and also earns revenue from the spread between the exchange rate it offers to its customers and the wholesale rate it receives. The service is designed to be user-friendly, leveraging the widespread use of WhatsApp among its target demographic. This approach simplifies the process of sending money, making it as easy as sending a message.

Felix Pago primarily serves the Latin American immigrant community in the U.S., which represents a significant market for remittances. By offering a convenient and accessible platform, the company aims to capture a share of this market, competing with traditional money transfer operators and other digital remittance services.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
San Francisco, United States
Employees
470
Open positions
195
Dealroom signal
91.6/100
Industry
Fintech
Sector
Fintech
Business model
SaaS
Client focus
b2c
Investment activity
1 company, latest Oct 2025
Capital deployed
$2.3M
Preferred round
SEED

Latest news

Press, funding announcements and product moves mentioning Felix.

See all news

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Apr 2025 $75M $300M Switch Ventures · Monashees · QED Investors · Castle Island Ventures
SERIES AOther financing May 2024 $16M $62M H20 Capital Innovation · Switch Ventures · Castle Island Ventures
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Felix website traffic

Latest recorded traffic for Felix is 120K monthly website visits, up 20% over the last three months. Felix's team grew 42.4% over the past year.

Latest monthly visits120K 3-month web change+20% 1-year team growth+42.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed10 investors entered at this stage

  • H20 Capital Innovation
  • Switch Ventures
  • Contour Venture Partners
  • H20 Capital
  • Roger Teran
  • MELI Capital
  • Michael Levinthal
  • Unpopular Ventures
  • Wollef Ventures
  • Davis Smith

Series A3 investors entered at this stage

Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
15 countries with
team presence
🇲🇽 Mexico41.3%
🇦🇷 Argentina16.5%
🇺🇸 United States16.1%
🇧🇷 Brazil13%
🇨🇴 Colombia7.4%
Top 5 of 15 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Felix on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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