Rego Payment Architectures, Inc. Closes Additional $10.4M Series B Senior Financing
REGO is a privacy-focused platform best known for its award-winning awesome app, Mazoola®. The family-focused solution provider offers several fintech solutions for children, including MazoolaEnabledSMa white label version of Mazoola and MazoolaPaySM, a buyflow payment button offering children anonymity when buying goods online. Built on the same patented, COPPA and GDPR certified technology, MazoolaEnabled and MazoolaPay ensure that a child’s privacy always stays private.
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The information in this press release may contain forward-looking statements about our current expectations and projections regarding future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to differ materially from any results , future activity level. , performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to: our history of net losses, our ability to raise additional capital, lack of operating history or of significant revenues, our ability to attract and retain qualified personnel, our ability to develop and introduce new service and new products to market in a timely manner, market acceptance of our services and products, our limited experience in the industry, the ability to successfully develop licensing programs and generate business, rapid technology changes in relevant markets, unexpected network disruptions or security breaches, changes in demand for current intellectual property rights and future, legislative, regulatory and competitive developments, intense competition with large companies, con general economic conditions and other risks as described by us under 1.A “Risk Factors” in our most recent Form 10-K; other risks to which our Company is subject; and other factors beyond the Company’s control.
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REGO is a digital solution that keeps kids safe in today’s technological environment. REGO’s Digital Wallet platform, Mazoola®, allows parents and guardians to authorize online purchases or digital spending at approved retailers, control what funds are available for which purchases, and reward children or pay a allocation through the app. REGO is an innovative financial platform uniquely positioned due to its compliance with the Children’s Online Privacy Protection Act (COPPA) and General Data Protection Regulation (GDPR). Visit REGO at regopayments.com.
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