Who are the decision-makers at REGO Payment Architectures?

Fundz holds 1 contact at REGO Payment Architectures, including the Chief Financial Officer. Names and contact details are shown to Fundz members.

Rego Payment Architectures surpasses $100 million in Series B funding

PUBLIC · RPMTMay 17, 2024

Amount Raised

$100 Million

Round Type

Series B

Whitpain TownshipInformation TechnologyFinancial ServicesE CommerceFintech

Description

Rego Payment Architectures has closed its Series B Preferred Stock private placement, adding $3.5 million to exceed $100 million in total capital raised. This substantial injection of funds positions the company strongly to pursue its corporate objectives and strategic initiatives for the year ahead.

Quick answer

REGO Payment Architectures raised $100 Million in a Series B round, dated May 17, 2024. REGO Payment Architectures is based in Whitpain Township, Pennsylvania, United States.

How much did REGO Payment Architectures raise?: REGO Payment Architectures raised $100 Million in a Series B round on May 17, 2024.
What does REGO Payment Architectures do?: REGO Payment Architectures, Inc. is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment.
Where is REGO Payment Architectures based and how big is it?: REGO Payment Architectures is based in Whitpain Township, Pennsylvania, United States. Fundz records about 14 employees.
Who are the decision-makers at REGO Payment Architectures?: Fundz holds 1 contact at REGO Payment Architectures, including the Chief Financial Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

REGO Payment Architectures

Location

Whitpain Township, Pennsylvania, United States

About

REGO Payment Architectures, Inc. is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. We deliver a family-focused mobile banking solution. Our secure platforms were built from the outset for the Under 18 age group, leveraging the three patents we hold in this space to ensure compliance with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws. Virtual Piggy enables the Under 18 audience to transact in a secure online environment guided by parental permission, oversight and control. It provides tools for parents to foster financial responsibility and literacy. Our patented approach helps shield retailers from COPPA violations as well. COPPA was enacted in 1998 by the Federal Trade Commission (FTC) with the sole purpose of protecting children's identity, location and interactions online.

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1 contact

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Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

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Series B companies are expected to scale rapidly and expand market reach

REGO Payment Architectures raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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