025: How a startup is making it easier for Latinos to send money to their families in Latin America w/Edrizio De La Cruz

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Edrizio De La Cruz graduated from The Wharton School with an MBA in Entrepreneurship. He previously worked in global investment banking at J.P. Morgan and then in global private equity at Pegasus. While in finance, he implemented strategies alongside CEOs of Fortune 500 companies as well as startups. He emigrated to the U.S. from the Dominican Republic and has been both a recipient and sender of remittances throughout his life. He’s an aviation adventurer: he did U.S. Air Force R.O.T.C, six years as an aircraft mechanic and flew a Cessna. Edrizio is the founder and CEO of Regalii a company that makes sending money to your loved ones in Latin America much easier, cheaper and faster.

What you'll learn

• Edrizio's American dream and his path to pursue it
• How he managed to raise money to save Regalii at the last minute
• How Regalii is making the process of sending money to Latino's families in Latin America much easier and cheaper
• How Regalii managed to get accepted to Y Combinator
• The huge advantage that being part of a startup incubator/accelerator like Y Combinator gives a startup
• The hard thing about entrepreneurship
• The only metric that matters at Regalii
• How regalii went from zero to 21K users in a short time frame
• How to get great mentors
• The startup opportunities for Latino entrepreneurs that lie in Latino specific problems
• The mental fortitude  and "el hustle" that is required to become a successful entrepreneur
• The big financial sacrifice he made to make Regalii a reality
• How entrepreneurship and love are similar

Resources & Links

• Regalii