This startup founded by Bernardo Garcia G21 WG21 and Manuel Godoy WG21 is leveraging artificial intelligence and blockchain technology to rethink cross-border transactions. Félix aims to create a money-sharing service that’s trusted by users who’ve historically been skeptical of such platforms — namely, Spanish speakers, for whom English-based apps can be inconvenient.
Offered through WhatsApp, Félix has been designed to make it easier for immigrants in the U.S. to send remittances to family in Mexico. (Such payments totaled nearly $41 billion last year.) Félix received Wharton’s inaugural AI for Business Award in recognition of its potential to solve an immediate need for a large population.
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