🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

SamCtrlPlusAltMan

 • 

OpenAI • 10m

CASE STUDY: With remittances from U.S. workers to Latin America reaching a staggering $155 billion in 2023, there's a massive opportunity for companies to capitalize on this market by making cross-border money transfers more convenient. One startup seizing this opportunity is Félix Pago, which recently raised $15.5 million in Series A funding to expand its presence in Latin America and the U.S. Félix Pago's unique approach is to leverage the popularity of WhatsApp in the region by offering a chatbot that simplifies sending and receiving remittances, even through voice messages. As CEO Manuel Godoy aptly puts it, "WhatsApp is the operating system of the region, so it makes sense that we build something on WhatsApp to make it super easy." Recognizing the untapped potential in this market and using an innovative, user-friendly platform, Félix Pago is well-positioned to capitalize on the massive remittance opportunity and disrupt the cross-border money transfer industry.​​​​​​​​​​​​​​​​

3 replies16 likes
1
Replies (3)

More like this

Recommendations from Medial

Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 1m

Instagram is reportedly exploring the launch of a standalone app for Reels, its short-form video feature. With TikTok's future in the U.S. uncertain, the Meta-owned company aims to capitalize on the opportunity by offering a similar video-scrolling

See More
2 replies11 likes
Anonymous
Image Description
Image Description

Anonymous

Hey I am on Medial • 16d

Dear Founders of Medial, Why is your product limited to India alone? Expanding your news services to other regions, such as Asia, North America, Europe, Latin America, and Africa, could significantly enhance your brand’s visibility and impact. Given

See More
5 replies19 likes
Image Description

Ansh Kadam

Founder & CEO at Bui... • 18d

This Argentinian guy missed the chance to pitch to Warren Buffett. But today, he built Latin America’s eBay worth over $95 Billion. Meet Marcos Galperin, the founder of Mercado Libre. Marcos was born in 1971, in Buenos Aires, Argentina. Coming fro

See More
1 replies11 likes
2
Image Description
Image Description

Abhishek jyotiba

Here to change somet... • 4m

Some of the most successful people in the United States are from minority groups. America is the land of opportunity US , but will it be same after Trump's anti-emigrants policys?

7 replies9 likes
Image Description

Chamarti Sreekar

Passionate about Pos... • 3m

You can now talk to ChatGPT by calling 1-800-ChatGPT (1-800-242-8478) in the U.S. or by sending a WhatsApp message to the same number—available everywhere ChatGPT is.

2 replies17 likes
Image Description
Image Description

Anshu Sharma

Jaipur • 3m

If you do marketing on WhatsApp and your number gets blocked repeatedly then the best opportunity for you is WhatsApp marketing software. Contact me7079132183 fast sms me , I will give you WhatsApp marketing software.

2 replies2 likes
1
Image Description
Image Description

intrepidAni

Exploring beauty of ... • 6m

Apologies if I'm missing any loop hole,but hear me out: What if we used crypto to simplify cross-border money transfers? Instead of dealing with high bank fees and taxes, you send money in your local currency, it gets converted to crypto in the bac

See More
5 replies8 likes
1

gray man

I'm just a normal gu... • 19d

Chinese-owned Motorola is planning to establish a manufacturing facility in India, likely as part of its strategy to expand its presence in the region. The move comes as the company seeks to mitigate the impact of higher tariffs imposed by former U

See More
0 replies2 likes
1

Shuvodip Ray

Never compromise wit... • 18d

Ever wondered why most cracked credit cards on the dark web come from America? It's surprising, but the reason is simple—America doesn’t require OTP verification for online transactions in most of the cases. In India, thanks to the RBI, OTP is mandat

See More
0 replies2 likes
Image Description

javed sharif

Entrepreneur • 4m

According to our strategy i get a great results in our restaurant business i want to expand the same currently in mumbai and further as per opportunity, i am ready to Expand the business required partner with business mindset or even funding. whatsap

See More
2 replies5 likes

Download the medial app to read full posts, comements and news.