Felix Pago Raises $200 Million to Push Past Remittances

Miami-based money transfer startup Felix Pago is reportedly looking to enter the financial services space. This move comes after the company raised $200 million in new funding, Bloomberg News reported Tuesday (Sep. In addition to offering services such as lending and savings to Latin American immigrants in the U.S., company officials told Bloomberg Felix Pago also plans to develop an artificial intelligence (AI) assistant to help customers make financial decisions.