Rego Payment Architectures (OTCQB: RPMT) offers a white-label family digital wallet platform, Mazoola, that lets parents enable spending, saving, donating and set parental controls for children. The platform is COPPA-certified and GDPR-compliant and has been recognized by PRIVO; the company also holds multiple patents related to parent and child data safety and age verification. Rego positions itself as a fully integrated solution for banks and credit unions, offering co-branded standalone apps or full integration into a bank's existing app. The company emphasizes investments in cybersecurity and data privacy, citing advisory support from a former FBI Cyber Division unit chief. Rego recently announced a partnership with Q2 to make its family wallet available to Q2's banking and credit-union customers. The firm says it will use funding to continue building its secure platform and invest in technology, team, and market growth. REGO Payment Architectures offers the REGO Digital Wallet, a family-focused mobile banking and shopping solution that lets parents enable purchases at approved retailers, manage funds, and teach financial literacy. The platform includes patented attribution and identity management methods, patented real-time access and data control, and independent verification, validation, and auditing capabilities. REGO has earned PRIVO’s GDPRkids Trustmark and COPPA Safe Harbor certification, supporting its child-privacy and compliance claims. The company plans to finalize systems integration, launch a pilot program, and initiate a data business, with a consumer release anticipated in 2020 and availability for partnering institutions. REGO said the funding will support a planned U.S. and EU rollout; the company is listed on OTCQB as RPMT and is based in Blue Bell, Pa. The press release also notes risks including an absence of any material operating history or revenue.

Total raised

$100M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2023