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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 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 385 active competitors, including 56 funded and 10 that have exited. Its top competitors include companies like Airwallex, Chipper Cash and YouTrip.

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
£25.2M as on Dec 31, 2023
Employee Count
375 as on Apr 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
5100266
Series B
1615746
8719935
3374553
6188837
Jun 24, 2021
7959352
Series A
6296360
6105784
6377331
4451615
Jun 04, 2020
3431895
Series A
9469618
4436595
8382463
9389180
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Taptap Send's founders and board of directors

Founder? Claim Profile
The founders of Taptap Send are Michael Faye 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 7m
Independent board member
-
Current
6y 6m
lwkjdmp
Independent board member
-
Past
4y 7m

Taptap Send's employee count trend

Taptap Send has 375 employees as of Apr 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 Airwallex, Chipper Cash and YouTrip. 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 Airwallex
Airwallex
2015, San Francisco (United States), Series G
Provider of multi-currency business accounts, global payments, and spend management
$1.58B
82/100
2nd
Logo for Chipper Cash
Chipper Cash
2018, San Francisco (United States), Series C
Cross-border remittance platform for individuals
$305M
78/100
3rd
Logo for YouTrip
YouTrip
2018, Singapore (Singapore), Series B
NFC-enabled travel cards and multi-currency wallet transfer service for travelers
$106M
75/100
4th
Logo for LemFi
LemFi
2020, London (United Kingdom), Series B
Provider of global money transfer and multi-currency wallet services
$86.8M
74/100
5th
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
6th
Logo for bKash
bKash
2011, Dhaka (Bangladesh), Series C
Mobile financial services and payment system for consumers
$261M
73/100
7th
Logo for Telcoin
Telcoin
2013, Los Angeles (United States), Seed
Wallet-enabled cross-border payment solution for consumers
$35M
70/100
8th
Logo for Taptap Send
Taptap Send
2018, London (United Kingdom), Series B
App-based digital wallet for cross-border money transfers
$80M
69/100
9th
Logo for Sling Money
Sling Money
2022, Dover (United States), Series A
Fintech platform providing a global payment solution
$20M
68/100
10th
Logo for Neema
Neema
2013, Tel Aviv (Israel), Seed
Mobile wallet app provider to send money cross borders.
$370K
67/100
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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.

News related to Taptap Send

Taptap Send resumes operationsBusiness and Financial TimesDec 16, 2024Taptap Send
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FAQs about Taptap Send

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