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.
- Website
- www.taptapsend.com/
- Email ID
- *****@taptapsend.com
- Phone Number
- +44 **********
- Registered Address
- Rīga, Lielvārdes iela 13 - 4
Key Metrics
Founded Year
2018
Location
London, United Kingdom
Stage
Series B
Total Funding
$80M in 3 rounds
Latest Funding Round
Ranked
8th among 385 active competitors
Annual Revenue
£25.2M as on Dec 31, 2023
Employee Count
375 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Taptap Send
Taptap Send is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TAPTAP SEND, INC CIN: 7263261 , United States, Active | Feb 21, 2019 | - | 26 (As on Dec 31, 2020) | - |
TAPTAP SEND UK LIMITED CIN: 10416468 , United Kingdom, Active | Oct 06, 2016 | $31.3M (As on Dec 31, 2023) | 63 (As on Dec 31, 2023) | |
TapTap CIN: 40103983278 , Latvia, Active | Apr 08, 2016 | $7.55K (As on Dec 31, 2024) | 1 (As on Dec 31, 2022) | - |
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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 |
View details of Taptap Send's funding rounds and investors
Taptap Send's founders and board of directors
Founder? Claim ProfileThe 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:
- Michael Faye: Co-Founder & CEO of Taptap Send and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Fatimatou Ousmanou: Co-Founder of Taptap Send. Contact Info: 1 email address
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 |
View details of Taptap Send's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Airwallex 2015, San Francisco (United States), Series G | Provider of multi-currency business accounts, global payments, and spend management | $1.58B | 82/100 | |
2nd | Chipper Cash 2018, San Francisco (United States), Series C | Cross-border remittance platform for individuals | $305M | 78/100 | |
3rd | NFC-enabled travel cards and multi-currency wallet transfer service for travelers | $106M | 75/100 | ||
4th | LemFi 2020, London (United Kingdom), Series B | Provider of global money transfer and multi-currency wallet services | $86.8M | 74/100 | |
5th | Provider of international money transfer services enabling fast, low-cost cross-border payments | $252M | 73/100 | ||
6th | bKash 2011, Dhaka (Bangladesh), Series C | Mobile financial services and payment system for consumers | $261M | 73/100 | |
7th | Telcoin 2013, Los Angeles (United States), Seed | Wallet-enabled cross-border payment solution for consumers | $35M | 70/100 | |
8th | Taptap Send 2018, London (United Kingdom), Series B | App-based digital wallet for cross-border money transfers | $80M | 69/100 | |
9th | Sling Money 2022, Dover (United States), Series A | Fintech platform providing a global payment solution | $20M | 68/100 | |
10th | Mobile wallet app provider to send money cross borders. | $370K | 67/100 |
Looking for more details on Taptap Send's competitors? Click here to see the top ones
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
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Abaco raises $500K in Pre-seed roundLatamList•Oct 28, 2023•HubSpot, Taptap Send, Jeeves, Cacao Capital and 1 other
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Remittance firm Taptap Send lands $65m Series B investmentElectronic Payments International•Dec 22, 2021•Slow Ventures, Flourish, Breyer Capital, Wamda Capital and 7 others
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VC-backed free money transfer service Taptap Send launches in KenyaAfrica Business Communities•Jan 25, 2021•Taptap Send
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