Company Overview

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Founded:
March 1, 2012
Employees:
6
Headquarters:
New York, NY
Funding:
$65k
Categories:
None
Description:
Mobile remittances

Detailed Description

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Regalii lets immigrants pay for food and bills for family in Latin America via SMS.

Each year, Latin American families receive $69BN in remittances, of which 64% is spent on groceries and paying bills (World Bank, 2010). However, senders (in U.S) have no way of knowing when and how their hard-earned dollars are spent, and recipients face the danger of receiving cash in dangerous neighborhoods.

Funding Rounds (4) - $65k

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Investors (9)

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  • 45dc9a81591bbbcab7024e34c53b0de2

    Wefunder

    Wefunder is a crowd investing platform that offers capital raising services.
  • Osry2rxlghcdneppsftr

    Winklevoss Capital

    We believe in determined entrepreneurs and reinforce their pursuit of a frictionless world.
  • 10cc3742274884718405c86f55b433f8

    FundersClub

    FundersClub is an online venture capital firm that enables accredited investors and elite...
  • Cb default image

    Fenox Venture Capital

    Early-stage investors, Company builders.
  • Tpfvy3cirh43akijlc3r

    Scott Banister

    Co-Founder & Chairman @ Zivity
  • 55a8b8832325692da4eed827f2d5ea87

    AFSquare

    The mission of AF Square is to discover companies whose business model disrupts the status quo.
  • 1cb2bcc80ac47cddb720fdb357466cd4

    NXTP Labs

    NXTP Labs is a seed fund accelerator that invests and provides hands-on support and community to...
  • 53204721d16c944526ae033cd8cb17c2

    Y Combinator

    Y Combinator is a seed accelerator that provides financing services and business consulting to...

Offices/Locations (1)

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  • Headquarters

    515 W 168th St.

    New York, NY 10032

    USA

Images (1)

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  • 657b3b3109a65dbfa6a4030cc1c2148f