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On The Brink with Castle Island
Manuel Godoy (Felix Pago) on disrupting the LatAm remittance market (EP.531)
May 28, 2024
Manuel Godoy, CEO of Felix Pago, discusses disrupting the LatAm remittance market using stablecoins. Topics include his immigrant financial services pain points, leveraging WhatsApp for operations in Latam, and the benefits of stablecoins for faster and cheaper money transfers.
27:51
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Quick takeaways
- Felix Pago leverages stablecoins for easier remittances in Latin America.
- Building trust through influencer marketing is crucial for Felix Pago's success.
Deep dives
Felix Pago's Mission and Series A Funding
Felix Pago, a finance startup, led an $11 million Series A round to aid thousands in the U.S. transfer money to loved ones using stablecoins. The company's CEO, Manuel Godoy, highlights the importance of partnering with Castle Island Ventures who bring deep crypto expertise. Felix Pago aims to power its services using stablecoins and offers a chat-based platform for Latinos to support their families in Latin America.
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