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Rego Payment Architectures, Inc. Closes Additional $10.4 Million Series B Preferred Financing

PUBLIC · RPMTOct 13, 2022

Amount Raised

$10.4 Million

Round Type

Series B

Whitpain TownshipInformation TechnologyFinancial ServicesE CommerceFintech

Description

Rego Payment Architectures, Inc. (“REGO”) (OTCQB: RPMT), today announced it has raised an additional $10.4 million through the private placement of over 115,000 shares of the company’s Series B Preferred Stock.

Quick answer

REGO Payment Architectures raised $10.4 Million in a Series B round, dated October 13, 2022. REGO Payment Architectures is based in Whitpain Township, Pennsylvania, United States.

How much did REGO Payment Architectures raise?
REGO Payment Architectures raised $10.4 Million in a Series B round on October 13, 2022.
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.

Who else raised in Financial Services and E Commerce around the same time

Companies in the same sectors as REGO Payment Architectures that raised within 45 days of this round, from Fundz verified event records.

  • WeGift raised $31M (Series B) on November 15, 2022.
  • Shift4 Payments raised $7.9M on October 31, 2022.
  • FlapKap raised $3.6M (Seed) on October 12, 2022.
  • SeQura raised $145M (Funding Round) on September 27, 2022.
  • Ryft raised $1.6M (Seed) on September 1, 2022.
  • Shift4 Payments raised $25M on August 31, 2022.

Who to call at REGO Payment Architectures, and when

A new round usually means REGO Payment Architectures is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day REGO Payment Architectures raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at REGO Payment Architectures, from your own LinkedIn network

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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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Related People

1 contact
Verified contactsMark V., Chief Financial Officer hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
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.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.