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Regalii Evolves its Platform to Transform the $1.2 Trillion U.S. Bill Pay Market
The new platform is designed to help banks and fintech companies to leverage bill pay to engage and activate new users

LAS VEGAS, Oct. 25, 2016 /PRNewswire/ -- Money 20/20 Conference -- Regalii, a New York City-based tech leader in global consumer finance, today announced the evolution of its platform by way of two products – Regalii xData and Regalii xChange. The new platform is designed to help the fintech ecosystem – banks, card issuers, mobile wallets – transform bill pay from a cost center to a profit and new-user activation center, all while modernizing the customer experience for the evolving "conversational finance era." Regalii unveiled its new platform today at the Money 20/20 conference in Las Vegas in an onstage presentation by CEO and co-founder Edrizio De La Cruz. 

"What we discovered was that our platform, now used by dozens of financial institutions in eleven different countries, was fundamentally changing the way all bills are paid by all people, immigrants and non-immigrants alike," said Regalii co-founder and CEO Edrizio De La Cruz. "In the U.S. alone, this is a $1.2 trillion market. We took this discovery as a mandate to not only expand our market focus, but to continue developing our platform on the innovation front."

The company is unveiling two products:

Regalii xData: Access bill data and logic to easily build messaging bots

Mobile wallets can now aggregate, automate, and provide the predictive logic that delivers relevant, real-time data, such as account balances, due dates, etc. – all inside messaging platforms like SMS and Facebook. Globally, the engagement rate between traditional mobile apps versus messaging apps is 21% versus 98%.

Regalii xChange: activate new card users and earn interchange revenue on all of their bill payments -- on day one of approval

Banks and card issuers can activate and monetize new accounts faster, as well as provide their customers with a recurring service that persistently contributes to the top line. Bill pay today has the highest level of retention of any financial payment service. However, it remains a significant cost for financial institutions to process, which up until now has hindered any form of innovation in the space.

Customers and partners

Regalii also announced that it is partnering with a number of banks and fintech partners to bring the new platform to market.

"Millennials want more instant ways of managing their finances and bills," said Michel Poignant CEO at Paytoo Mobile Bank. "In addition, with Regalii xChange, we can make 100% of our new cards active and profitable from day one, with no wait time, even before the card arrives in the mail. And by enabling us to become the default form of payment in all of our users bills, the Regalii platform allows us to  become top of wallet -- instantly. That's pretty powerful for a young bank, and Regalii is helping to make that happen."

For more information about the new Regalii platform, visit:

About Regalii

We are Regalii, the creators of the first mobile global platform for consumer bill pay and data management. Our mission: to help unify and modernize the bill payments market to better serve people and their families in the new global economy. We're enabling the world's leading financial institutions -- in banking, remittances, and mobile wallets -- to leverage our platform to help everyone, everywhere pay their bills, with the most innovative, efficient, and cost-effective services.

Based in New York City -- and with a presence in Mexico -- Regalii is funded by Andreessen Horowitz, Kapor Capital, Initialized Capital, and other leading technology investors. For more information, visit us today at

Media contact:
Giovanni Rodriguez 

SOURCE Regalii