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Regalii

Regalii is a revolutionary free and collaborative platform of remittances between Latinos in U.S. and their families in Latin America.

  • Stage Prototype Ready
  • Industry Internet / Web Services
  • Location Philadelphia, PA, USA
  • Currency USD
  • Founded August 2011
  • Employees 5
  • Website regalii.com

Company Summary

Regalii is a free and collaborative remittance platform between Latinos in the U.S. and their family in Latin America (“LAC”). As opposed to sending cash, Regalii empowers Latinos to send gift cards via SMS for the stores and supermarkets in LAC. The use for 70% of remittances is groceries, clothing and pharmaceuticals. Regalii partners with these stores are since they are located where the majority of the remittance recipients live.

Team

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    Edrizio De La Cruz
    CEO

    Edrizio has executed strategy for Fortune 500 businesses and startups, both as a financier (Pegasus & J.P. Morgan) and as an operator (Nopone.com). Edrizio is a 2011 MBA graduate from Wharton, and was recently at DreamIT Ventures performing sales for an ecommerce company, Nopone. Edrizio grew up in the Dominican Republic.

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    Brian Sulaiman
    CTO

    Brian is a senior systems engineer at eBay and en expert in ecommerce with over 12 years of experience. Brian grew up in Colombia.

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    Inigo Rumayor
    Director Mexican Operations

    Iñigo focuses on customer development in the U.S. Mexican segment and developing relationships with retailers in Mexico. Iñigo grew up in Mexico and is currently studying at the University of Pennsylvania.

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    Ramon De La Cruz
    Legal Counsel and Director of the Caribbean

    Ramon focuses on developing relationships with retailers in the Dominican Republic, where he currently resides and practiced contract law.

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    Lance Ríos
    CMO

    Lance is in charge of developing marketing and communication strategy for Regalii in the US and Latin America.
    Prior to joining Regalii, Lance worked at MTV especially focusing on marketing for hispanics. After MTV, Lance started his own company Being Latino, and now is one of the most popular blogs for Latinos in the USA. Lance is a tremendous asset for Regalii because of its experience in social MKT specially for hispanics.

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    Juan Maldonado
    COO

    Juan has previous experience working with remittances especially for the hispanic market. Before joining Regalii Juan was an assistant director and board member of the Financial Clinic in NYC. The financial clinic advised Latinos in NYC about different financial services.
    Juan is in charge of managing the daily operations of Regalii and developing grassroots campaigns in the latino communities.

Advisors

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    David Noteware
    Lawyer
    Unconfirmed

Previous Investors

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    Government of Chile (Startup Chile)
    Unconfirmed
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    Good Company Ventures
    Unconfirmed
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    Banco Itau
    Unconfirmed