Company Profile (AI Text)
Name: Regalii
Canonical URL: https://wefunder.com/regalii3
Updated at: 2026-06-02T05:00:01Z

Tagline: Helping immigrants pay bills back home safely and cheaply
Description: What we do: Regalii makes it easy for immigrants to pay their family’s bills back home. Merchant partners in the US use their API to offer remote bill pay at over 40,000 locations nationwide. Immigrants can pay their family’s bills without the inconvenient intermediate step of transferring cash, and at a fraction of the cost. Why it's a big deal: $34 billion in remittances each year goes to pay for utilities like electricity, cell phone bills, or fresh water. But the current methods for sending money are expensive, unsafe, and there is no way to monitor how money is spent back home. Regalii is 40% cheaper and allows immigrants to pay utility bills directly rather than just send cash that might be stolen or spent on liquor or tobacco. Immigrants are skeptical of any service they don't know, and slow to adopt online solutions. Regalii has found the perfect way to acquire these customers by partnering with familiar brick and mortar retailers that immigrants shop at every day. They've proven this model in the Dominican Republic, now are scaling that success to all of Latin America and Asia.

Key claims:
- Total raised on Wefunder: 146600 | citation: https://wefunder.com/regalii3#claim-total-raised
- Total investors: 35 | citation: https://wefunder.com/regalii3#claim-total-investors

Verified facts:
- Total raised on Wefunder: 146600 | observed_at: 2026-06-02T05:00:01Z | expires_at: 2026-06-03T05:00:01Z
- Total investors: 35 | observed_at: 2026-06-02T05:00:01Z | expires_at: 2026-06-03T05:00:01Z

Computed metrics:
- total_amount_raised: 146600
- total_investors: 35
- team_size: 8
- featured_investor_count: 0
- faq_count: 4
- recent_post_count: 2

Quick facts:
- $652,000 annual recurring revenue in 1st market (DR). | citation: https://wefunder.com/regalii3#claim-fact-1
- 31% month / month growth since pivot to B2B. | citation: https://wefunder.com/regalii3#claim-fact-2
- 930 active point of sale remittance locations. | citation: https://wefunder.com/regalii3#claim-fact-3
- Regalii is 39% cheaper than other remittance services. | citation: https://wefunder.com/regalii3#claim-fact-4
- $3 flat rate for any bill. | citation: https://wefunder.com/regalii3#claim-fact-5
- $34 billion is sent abroad to pay family bills every year. | citation: https://wefunder.com/regalii3#claim-fact-6

FAQ:
- Q: Hi is sending money with bitcoin across boarders a competition? Or opportunity to take out old players like Moneygram?
  A: The immigrant workers who send remittances are not early adopters of fintech. I wrote an article this: https://www.regalii.com/blog/the-bitcoin-remittance-myth
- Q: Are you profitable at the moment? If not, what is your burn rate? After this round closes, what will your runway be like? This may be a tough question, when will you have an idea if your "moat" is large enough so that your closest competitors won't be able to gain traction on ...
  A: B2B does not require the same level of marketing investment as B2C. Burn dropped from $109k/mo (Dec’14) to to $42k/mo (May’15), our runway is 26mo. Profitable in Q4'15. The more deals we have integrated on both sides, the deeper our moat.
- Q: What would happen to this service if whatsapp/skype/snapchat/line/facebook messenger added the ability to send micro payments at low cost?
  A: Hi Cayley, its unlikely to be significant. online/mobile account for 10% of remittances. Our brick-and-mortar, offline partners make up 90% of remittances.
- Q: Hi. You have raised a signif amount of funding in comparison for the amount of revenue achieved. Can you discuss your burn rate and runway, not counting this round? How much of that money was spent on marketing/ads vs. team development? Also, it's stated that revenue was "31% ...
  A: Pivoted in Dec'14. B2B does not require the same level of marketing investment as B2C. Burn dropped from $109k/mo (Dec’14) to to $42k/mo (May’15), our runway is 26mo.

Recent posts:
- A Poetic Soliloquy (2015-07-20T19:44:00Z) https://wefunder.com/feed/72938
- Some recent milestones: Hired 1st mid-level engineer (Waterloo grad, ex-amazon, ex-CBS) 7k total customers since June. Closed largest supermarket in northeast of Dominican Republic (2013-10-13T01:27:03Z) https://wefunder.com/feed/65