Felix Pago completed the $200 million B round, a16z investment

On 1 September, according to Bloomberg, Felix Pago, a start-up company to stabilize cross-border remittances, completed a $200 million round of B financing, comprising $87 million in equity and $113 million in credit line financing. Equity financing was invested by Andreasen Horowitz (a16z), and the credit line was financed by the General Catalest flag, Customer Value Fund. Felix Pago uses USDC and block chain technology to provide cross-border remittance services。