News linked to both this project and an event.
Noah has announced the completion of a $38 million seed funding round, with participation from Endeit Capital, FJ Labs, LocalGlobe, Felix Capital, and several angel investors. The project's main business is providing stablecoin-based cross-border payment services for enterprises and individuals. The new funds will be used to expand its international remittance business, broaden its regulatory footprint, and more.
According to Bloomberg, remittance startup Felix Pago announced the completion of a $200 million Series B financing round, featuring an $87 million equity investment led by Andreessen Horowitz and a $113 million credit facility from General Catalyst’s Customer Value Fund. Felix Pago plans to leverage the proceeds to expand from its remittance business into other financial services, including lending and savings, targeting Latin American immigrants in the United States.