Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers, and fintechs are all trying make transfers more convenient on both sides of the transaction.
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Source: TECCRUCH
Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp
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