REGO Payment Architectures, Inc. (“REGO”) (OTCQB: RPMT) today announced it has completed its Series C funding to bring the total to $13.0 million. The funding will allow REGO to market its secure mobile banking solution to families in the U.S. and the European Union.
Manole Capital and the Manole Fintech Fund led the completion of REGO’s $13.0 million Series C Convertible Note.
Manole Capital CEO, Warren Fisher said, “We are excited to invest in REGO Payment Architectures, Inc. (“REGO”) and look forward to seeing how they expand their leadership position in the growing parent/child payment space. REGO truly understands COPPA (“Children’s Online Privacy Protection Act”) and is the leading Fintech app, allowing children and teens to safely transact online and at physical, brick and mortar retailers. We believe smart banks and financial institutions will look to white-label REGO’s compliant payment platform.”