Tapp Group - About the company
Tapp Group is a series A company based in Melbourne (Australia), founded in 2013. It operates as an App-based correspondent banking solution. Tapp Group has raised $12.9M in funding from AMMA Private Equity. The company has 7 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like DiGiSPICE, CIT VERiCASH and Bizmoto.
Company Details
App-based correspondent banking solution. It provides a mobile wallet and peer-to-peer commerce exchange network which enables underbanked people to pay at mobile points of sales. Users can pay at Tapp agent or convert cash to app balance for digital payments. It also enables sellers to accept cash for their services.
- Website
- tappmoney.com
- Social
- Email ID
- *****@tappmoney.com
- Phone Number
- +61 **********
Key Metrics
Founded Year
2013
Location
Melbourne, Australia
Stage
Series A
Total Funding
$12.9M in 3 rounds
Latest Funding Round
Investors
Ranked
2nd among 7 active competitors
Employee Count
51 as on May 31, 2026
Legal entities associated with Tapp Group
Tapp Group is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TAPP GROUP LIMITED CIN: 166637323 , Australia, Active | Nov 05, 2013 | - | - |
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Tapp Group's funding and investors
Tapp Group has raised a total funding of $12.9M over 3 rounds. Its latest funding round was a Series A round on Jun 12, 2016 for $*****. 1 investor participated in its latest round. Tapp Group has 5 institutional investors.
Here is the list of recent funding rounds of Tapp Group:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 12, 2016 | 7009400 | Series A | 4026994 | 4519048 | 1110908 | 6971864 |
Apr 2016 | 1959616 | Grant (prize money) | 6643813 | 2404117 | 5209570 |
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Tapp Group's founders and board of directors
Founder? Claim ProfileTapp Group's employee count trend
Tapp Group has 51 employees as of May 26. Here is Tapp Group's employee count trend over the years:
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Tapp Group's Competitors and alternates
Top competitors of Tapp Group include DiGiSPICE, CIT VERiCASH and Bizmoto. Here is the list of Top 10 competitors of Tapp Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provides suite solutions for government agencies | - | 42/100 | ||
2nd | Tapp Group 2013, Melbourne (Australia), Series A | App-based correspondent banking solution | $12.9M | 39/100 | |
3rd | CIT VERiCASH 2000, Cairo (Egypt), Funding Raised | Mobile payment technology platform enabler. | - | 34/100 | |
4th | Agent-based payment solutions | - | - | 24/100 | |
5th | Retail network with an iOS platform to accept offline payments. | - | - | 18/100 | |
6th |  Payswiftly 2023, Ascot (Australia), Unfunded | Provider of fintech solutions including payment systems and money transfer | - | - | 16/100 |
7th | Clever Shop List 2018, Gold Coast (Australia), Unfunded | Online platform offering product aggregator solutions for multiple products | - | - | 16/100 |
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Tapp Group's Investments and acquisitions
Tapp Group has made no investments or acquisitions yet.
Reports related to Tapp Group
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