Arcus
Arcus, formerly known as Regalii, is a fintech company based in New York, NY, with additional locations in Mexico City and Miami, FL. It specializes in providing innovative payment solutions across Latin America, including bill payments, cash deposits, and digital transactions, particularly targeting the unbanked population.
Company History
Arcus, originally known as Regalii, is a fintech company operating within the banking and exchange sector. It was part of Y-Combinator’s S13 batch and has expanded its presence across multiple locations including New York, NY; Mexico City, CDMX; and Miami, FL. Over the years, Arcus has grown its team to 100 members and has rebranded from its original name to better reflect its evolving services and broader market reach.
Services Offered by Arcus
Arcus provides a comprehensive suite of services designed to enhance user experience and streamline payment processes. These include solutions for bill payments, cash deposits, cash-to-digital transactions, and digital payment automation. The company offers real-time payment solutions and enables the recurring automation of payments for various products and services. Additionally, users can make online purchases in cash through an extensive network of points of sale without the need for a card. Arcus also assists with the generation and management of CLABE codes in Mexico and ensures compliance with regulatory standards.
Arcus Products and Solutions
Arcus delivers a wide range of products and services encompassing prepaid packages with airtime, data, music, and streaming services. The company provides a Payments-as-a-Service platform that empowers businesses to launch and offer innovative payment solutions across Latin America. Arcus also facilitates the distribution of gift cards and offers an expanding catalog of e-commerce, entertainment, and transportation services. Notably, Arcus serves unbanked populations by facilitating cash-to-digital transactions and offering banking services through a robust network of physical store partners.
Industry Coverage and Partnerships
Arcus operates primarily in the United States and Latin America, including Mexico. The company has established a strong network with major banks, fintech firms, service providers, and retailers, providing clients with seamless connections and reducing associated costs and complexities. Arcus' extensive service provider network is the largest in Latin America, enabling a broad spectrum of payment reception channels for billers and boosting clients' digitization strategies while offering them additional income sources.
Cash and Digital Payment Solutions
Arcus offers national coverage for cash deposits and withdrawals in Mexico through an extensive network of points of sale, including physical stores. The platform supports generating three levels of transaction references: QR codes, barcodes, and numerical references. Additionally, the company prioritizes expanding payment options in rural areas, enhancing financial inclusion for unbanked populations. Emphasizing security and compliance, Arcus ensures its solutions align with current regulatory standards and facilitates the digitalization of payments and deposits.