What is REGO?
Rego Payment Architectures, Inc. provides a white-labeled Family Digital Wallet platform, enabling financial institutions to offer branded, secure banking products. Designed with COPPA and GDPR compliance, the platform empowers parents to oversee their children's finances while fostering financial literacy in kids through budgeting, saving, and donation features. Founded in 2008, Rego's solution includes features for parent-controlled spending, approved vendor lists, and a pathway for graduating child accounts to adult accounts, aiming to cultivate early engagement and trust with future banking customers.
How much funding has REGO raised?
REGO has raised a total of $33M across 2 funding rounds:
Series C
$13M
Debt
$20M
Series C (2021): $13M with participation from Manole Capital
Debt (2023): $20M led by James Davison
Key Investors in REGO
Manole Capital
Manole Capital is a registered investment adviser specializing in FinTech investments, emphasizing research-driven strategies. The firm focuses on providing investment advisory services to clients interested in the financial technology sector.
What's next for REGO?
With a major enterprise-level funding context and a recent strategic investment, REGO is poised for significant expansion and product enhancement. This capital injection is expected to fuel further development of its Family Digital Wallet platform, potentially broadening its reach to more financial institutions and enhancing its compliance and security features. The company's focus on building long-term customer relationships from a young age positions it strategically within the evolving fintech landscape, suggesting a future emphasis on scaling its B2B offerings and solidifying its market presence.
See full REGO company page
