When was YAP founded?

YAP was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is YAP located?

YAP is headquartered in Dubai, United Arab Emirates.

Who is the current CEO of YAP?

Marwan Hachem of YAP. They have also founded 1 company.

How many employees does YAP have?

As of Aug 31, 2026, the latest employee count at YAP is 223.

Is YAP a funded company?

YAP is a funded company, having raised a total of $61M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 04, 2022.

When was the latest funding round of YAP?

YAP's latest funding was a $***** Seed round on Oct 07, 2022, with participation from 2 investors.

Where does YAP rank among its competitors?

YAP ranks 67th amongst 1501 active competitors, of which 148 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was TONIK, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of YAP?

YAP's top competitors include Nubank, Monzo and Chime. Among them, TONIK secured the most recent funding round in June, 2026.

YAP - 2026 Company Profile, Team, Funding & Competitors

YAP is a seed company based in Dubai (United Arab Emirates), founded in 2020 by Marwan Hachem. It operates as a Provider of a digital platform for personal financial account management. YAP has raised $61M in funding from investors like Ismail Abudawood Co., AlJazira Capital and Middle East Venture Partners. The company has 1501 active competitors, including 148 funded and 95 that have exited. Its top competitors include companies like Nubank, Monzo and Chime.

Company Details

Provider of a digital platform for personal financial account management. The platform enables users to send, receive, and manage funds through mobile devices. Features include tools for tracking spending, organizing transaction records, managing bill payments, and setting reminders. The service allows for the creation of virtual payment cards to facilitate secure online transactions. User identity verification is performed digitally to establish account access. All banking and regulated financial services accessible through the platform are provided by a licensed financial institution.

Website: yap.com
Social
Email ID: *****@yap.com

Key Metrics

Founded Year

2020

Location

Dubai, United Arab Emirates

Stage

Seed

Total Funding

$61M in 2 rounds

Latest Funding Round

Seed, Oct 07, 2022, $*****

Investors

Ismail Abudawood Co. & 6 more

Ranked

67^th among 1501 active competitors

Employee Count

223 as on Aug 31, 2026

Similar Companies

Chime & 454 more

View YAP's full profile

YAP has raised a total funding of $61M over 2 rounds. Its first funding round was on Jul 04, 2022. Its latest funding round was a Seed round on Oct 07, 2022 for $*****. 2 investors participated in its latest round. YAP has 7 institutional investors.

Here is the list of recent funding rounds of YAP:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 07, 2022	6819314	Seed	6514596	1520946	7499702	8492433
Jul 04, 2022	8827073	Seed	4147178	4033689	AlJazira Capital & 3 more	1786942

Access funding benchmarks and valuations. Sign up today!

View details of YAP's funding rounds and investors

The founders of YAP is Marwan Hachem. Marwan Hachem is the CEO of YAP.

Here are the details of YAP's key team members:

Marwan Hachem: Founder & Group CEO of YAP.
Contact Info: 1 email address

View details of YAP's Founder profiles and Board Members

YAP's employee count trend

YAP has 223 employees as of Aug 26. Here is YAP's employee count trend over the years:

Uncover YAP's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of YAP include Nubank, Monzo and Chime. Here is the list of Top 10 competitors of YAP, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nubank 2013, Sao Paulo (Brazil), Public	Provider of digital banking services, including credit cards and accounts	$2.27B	DST Global, Sequoia Capital & 39 others	89/100
2nd	Monzo 2015, United Kingdom, Series I	Provider of digital banking services including savings accounts and loans	$2.41B	Passion Capital, General Catalyst & 65 others	84/100
3rd	Chime 2012, San Francisco (United States), Public	Digital bank for individuals	$3.15B	DST Global, Access Industries & 57 others	83/100
4th	Starling Bank 2014, London (United Kingdom), Series D	Provider of digital banking services including savings and payment accounts	$1.01B	Merian Global Investors, Goldman Sachs & 35 others	83/100
5th	Revolut 2015, London (United Kingdom), Series E	Provider of banking solutions for retail customers and businesses	$1.99B	Balderton Capital, TSG Consumer Partners ... & 149 others	82/100
6th	Dave 2016, Los Angeles (United States), Public	Developer of a mobile banking application offering financial management tools	$63.6M	Norwest, Financial Solutions Lab & 18 others	81/100
7th	Atom bank 2014, Blyth (United Kingdom), Series F	Provider of digital savings accounts mortgages and commercial business loans	$852M	BBVA, Toscafund Asset Management & 18 others	80/100
8th	Green Dot 1999, Pasadena (United States), Acquired	Provider of mobile banking services, debit cards, and related financial products	$109M	Millennium Technology Value Partners, Tenaya Capital ... & 6 others	79/100
9th	N26 2013, Berlin (Germany), Series E	Provider of mobile banking services, including savings, investment, and crypto	$1.72B	Valar Ventures, Allianz X & 49 others	78/100
10th	TONIK 2018, Singapore (Singapore), Series B	Provider of digital banking services including savings accounts and loans	$187M	Mizuho Financial Group, Peak XV Partners ... & 49 others	78/100
67th	YAP 2020, Dubai (United Arab Emirates), Seed	Provider of a digital platform for personal financial account management	$61M	AlJazira Capital, Middle East Venture Partners ... & 5 others	59/100