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Taptap send
Low-cost, instant money transfers to Africa and Asia
About Taptap send
Taptap Send is a financial technology company that facilitates seamless mobile money transfers across borders. The service primarily caters to individuals in the UK, EU, US, Canada, and UAE who need to send money to friends and family in Africa, Asia, the Caribbean, and Latin America. The platform is designed for ease of use, requiring only the recipient's name and mobile number to complete a transaction. Funds are deposited instantly into the recipient's mobile money wallet, eliminating the need for physical visits to money transfer agents and reducing the waiting time for recipients. Taptap Send operates in the remittance market, which involves the transfer of money by foreign workers to their home countries. The company generates revenue through transaction fees and favorable exchange rates, offering a cost-effective solution compared to traditional money transfer services. The business model focuses on providing a fast, secure, and affordable way to send money internationally, leveraging technology to streamline the process.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- New York City, United States
- Employees
- 395
- Open positions
- 13
- Dealroom signal
- 92.4/100
- Industry
- Fintech
- Sub-industry
- Payments
- Sector
- Fintech, Money Transfer, Rumoured $1B, financial inclusion
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Sep 2021 | $65M | $715M | Canaan · Reid Hoffman · Spark Capital | ↗ |
| SERIES AOther financing | May 2020 | $13M | $54M | Omidyar Network · Canaan · Reid Hoffman · Helios Climate Ventures LLC | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Taptap send is 1.2M monthly website visits, up 9.1% over the last three months. Taptap send's team grew 11.9% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Canaan
Reid Hoffman
Omidyar Network
Helios Climate Ventures LLC
Spark Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Taptap send on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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