Félix has raised $200 million in new financing, including a Series C led by Andreessen Horowitz and a commitment from General Catalyst’s Customer Value Fund. Switch Ventures invested again alongside other returning Félix investors QED Investors and Castle Island Ventures.

We first met founders Manuel Godoy and Bernardo Garcia when they were MBA students pitching Félix at Wharton. We loved their clear-eyed understanding of how their customers actually wanted to transact and wrote the company’s first institutional check.

They have beaten our expectations every year since. As of September 2026, Félix has processed more than $8 billion in transactions and reached more than six million people. Manuel and Bernardo have moved quickly, improved the economics of the business as it scaled, and steadily expanded what Félix can do for its customers. t.

The opportunity ahead is much bigger than remittances. Félix has earned trust by helping people with one of the most important financial transactions in their lives. It is already extending that relationship into credit through Send Now Pay Later. The larger vision reaches into savings and other financial needs. A customer should be able to tell Félix what they need in a conversation and get a useful financial solution.

Roughly 70 million Latinos live in the United States, and many remain poorly served by the financial system. Félix has the customer relationship, product vision, and execution speed to build something much larger from here. We believe it can become the defining financial company for Latino consumers in the United States.