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Taptap Send - About the company

Taptap Send is a series B company based in London (United Kingdom), founded in 2018 by Michael Faye, Marouane Benkhechane Taffah and Fatimatou Ousmanou. It operates as an App-based digital wallet for cross-border money transfers. Taptap Send has raised $80M in funding from Canaan and Spark Capital. The company has 400 active competitors, including 55 funded and 11 that have exited. Its top competitors include companies like Chipper Cash, YouTrip and LemFi.

Company Details

App-based digital wallet for cross-border money transfers. It allows users to send, receive, and store funds across borders. It enables users to send money to family and friends with a debit card. The application can be accessed on iOS and Android devices.
Social
X
Email ID
*****@taptapsend.com
Phone Number
+44 **********
Registered Address
Rīga, Lielvārdes iela 13 - 4
Key Metrics
Founded Year
2018
Location
Stage
Series B
Total Funding
$80M in 3 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
£10M - £50M as on Dec 31, 2023
Employee Count
397 as on Jun 30, 2026
Investment & Acquisitions
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Taptap Send's funding and investors

Taptap Send has raised a total funding of $80M over 3 rounds. Its first funding round was on Jun 04, 2020. Its latest funding round was a Series B round on Dec 20, 2021 for $*****. 8 investors participated in its latest round. Taptap Send has 15 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Taptap Send:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 20, 2021
7810353
Series B
7830088
6964413
2860201
2874772
Jun 24, 2021
2127936
Series A
4234221
3299208
3134618
7497308
Jun 04, 2020
9327263
Series A
3398214
2209376
2747437
2023799
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Taptap Send's founders and board of directors

Founder? Claim Profile
The founders of Taptap Send are Michael Faye, Marouane Benkhechane Taffah and Fatimatou Ousmanou. Michael Faye and Tino Waked are the CEOs of Taptap Send.
Here are the details of Taptap Send's key team members:

Taptap Send's Board of Directors

Taptap Send's board has 2 active members. Michael Faye is part of team and Mitchell James Riley is independent board member.
Here is the list of Taptap Send's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 9m
Independent board member
-
Current
6y 8m
mineckf
Independent board member
-
Past
8y 4m

Taptap Send's employee count trend

Taptap Send has 397 employees as of Jun 26. Here is Taptap Send's employee count trend over the years:
Employee count trend for Taptap Send
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Taptap Send's Competitors and alternates

Top competitors of Taptap Send include Chipper Cash, YouTrip and LemFi. Here is the list of Top 10 competitors of Taptap Send, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Chipper Cash
Chipper Cash
2018, San Francisco (United States), Series C
Cross-border remittance platform for individuals
$305M
78/100
2nd
Logo for YouTrip
YouTrip
2018, Singapore (Singapore), Series B
NFC-enabled travel cards and multi-currency wallet transfer service for travelers
$106M
75/100
3rd
Logo for LemFi
LemFi
2020, London (United Kingdom), Series B
Provider of global money transfer and multi-currency wallet services
$86.9M
74/100
4th
Logo for PaySend
PaySend
2015, Valletta (Malta), Series B
Provider of international money transfer services enabling fast, low-cost cross-border payments
$252M
73/100
5th
Logo for bKash
bKash
2011, Dhaka (Bangladesh), Series C
Mobile financial services and payment system for consumers
$261M
73/100
6th
Logo for Telcoin
Telcoin
2013, Los Angeles (United States), Seed
Wallet-enabled cross-border payment solution for consumers
$35M
70/100
7th
Logo for Taptap Send
Taptap Send
2018, London (United Kingdom), Series B
App-based digital wallet for cross-border money transfers
$80M
69/100
8th
Logo for Sling Money
Sling Money
2022, Dover (United States), Series A
Fintech platform providing a global payment solution
$20M
68/100
9th
Logo for Pomelo
Pomelo
2019, San Francisco (United States), Acquired
Online cross-border remittance platform for individuals
$60M
66/100
10th
Logo for Airtm
Airtm
2015, Mexico City (Mexico), Series A
Wallet for cross-border money transfers
$24.6M
66/100
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Taptap Send's Investments and acquisitions

Taptap Send has a total of 1 investment in Abaco. Taptap Send has not made any acquisitions as of now.

Reports related to Taptap Send

Here is the latest report on Taptap Send's sector:

News related to Taptap Send

Taptap Send resumes operationsBusiness and Financial TimesDec 16, 2024Taptap Send
Remittance firm Taptap Send lands $65m Series B investmentelectronicpaymentsinternational.comDec 22, 2021Slow Ventures, Flourish, Breyer Capital, Wamda Capital and 7 others
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