Applicant Type: Private Company
Headquarter City: Miami
Headquarter Country: United States
Innovation Name: Felix Pago
Innovation Type: Product
Category: Fintech Making a Difference
Status of Innovation: In-Market
Innovation Active Since: 02/01/2022
Innovation Description: Felix is a chat-based platform to enable Latinos in the US to send money abroad. We combine Blockchain and Artificial Intelligence to make a remittance as easy as sending a WhatsApp.
The product is simple: users reach out to us via WhatsApp and our chatbot takes the information of the transaction, all without the need of an app but with the human touch of a normal conversation and the convenience of a digital payment.
Behind the scenes, our natural language processing (NLP) and other artificial intelligence (AI) features simplify and automate transactions. If those automations don’t cover the need, the Félix Pago team steps in to help customers when they need a real person.
To move the money into Mexicans’ pockets, Félix Pago leverages cryptocurrencies to increase the efficiency of cross-border payments and lower the costs
Full Name: Bernardo Garcia
Description: DC’s El Tiempo Latino publication
Description: Circle & Felix Pago partnership announcement