About tapNpay
tapNpay is a company based in Cedar Park (United States) founded in 2019 was acquired by Neology in June 2023. tapNpay has raised $2.54 million across 3 funding rounds from investors including Neology. tapNpay offers products and services including TapNpay and NeoRide. tapNpay operates in a competitive market with competitors including Bestpass, Peach Pass, GoToll, NextPass and BancPass, among others.
- Headquarter Cedar Park, United States
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website tapnpay.com
- Social LinkedIn
- Acquired by Neology (Jun 2023)
- Legal Name Tapnpay, Inc.
Products & Services of tapNpay
tapNpay offers a comprehensive portfolio of products and services, including TapNpay and NeoRide.
Text-based system for toll charge tracking and approval
App for automated toll and parking payments nationwide
Funding Insights of tapNpay
tapNpay has successfully raised a total of $2.54M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.07 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.54M
- Total Rounds 3
- Last Round Seed — $1.07M
- First Round $1.43M
(Sep 2020)
All 3 funding rounds of tapNpay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $1.07M | Seed | – | – | – |
| Mar 2022 | $40,499 | Seed | – | – | – |
| Sep 2020 | $1.43M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in tapNpay
tapNpay has secured backing from 1 investor. Prominent investors backing the company include Neology.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mobility solutions are provided by Neology for transportation networks. | – | neology.net | Carlsbad, USA |
Investor details for tapNpay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of tapNpay
1 people are tracked at tapNpay (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kenneth Plunk | CEO | Leadership |
Complete people profiles for tapNpay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of tapNpay
4 dated milestones of tapNpay across 4 years, from founding to its latest funding, stage changes and deals.
- Founded tapNpay is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Seed, of $1.1M.
- Exit Acquired by Neology.
Competitors of tapNpay
tapNpay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bestpass, Peach Pass, GoToll, NextPass and BancPass, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bestpass.com | 2001 | Albany, United States | $119.12M | 104 | Web-based solutions for toll payments and management are provided. | |
| peachpass.com | 2011 | Atlanta, United States | – | – | Manages electronic toll passes and mobile app for Georgia drivers. | |
| gotoll.com | 2009 | Fairfax, United States | – | – | Mobile app for easy, touch-free toll road payments and tracking. | |
| nextpass.io | 2022 | Austin, United States | – | – | Serves as a toll payment solution for consumers. | |
| bancpass.com | 2013 | Austin, United States | – | – | Offers cash reloadable toll stickers for managing highway toll accounts. | |
| pluspass.com | 2002 | Austin, United States | – | – | FinTech company providing payment options for toll roads and parking services. | |
| paytollo.com | 2015 | San Francisco, United States | $1.31M | – | Toll payments are enabled via a mobile application for users. | |
| driveert.com | 2011 | Portsmouth, United States | – | – | Online toll payment solutions for consumers | |
| tollpays.com | 2016 | Old Bridge, United States | – | – | Toll payments are facilitated via an app-based credit card platform. |
Detailed competitors of tapNpay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Tapnpay
Complete news archive for tapNpay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to tapNpay
10 companies that operate in the same segment as tapNpay (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about tapNpay
tapNpay was founded in 2019 and raised its 1st funding round 1 year after it was founded.
tapNpay is headquartered in Cedar Park, United States. It is registered at Cedar Park, Texas, United States.
Kenneth Plunk is the current CEO of tapNpay.
tapNpay is a funded company, having raised a total of $2.54M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.43M, raised on Sep 2020.
tapNpay was established in 2019 in Cedar Park, United States, within the fintech sector focused on toll management. Payment facilitation solutions are delivered to toll agencies, enabling collection from untagged users through a straightforward SMS-based system called tapNpay. Registration and usage are simplified for operators, with options for creditdebit card processing or integration with Apple Pay and Google Pay also supported across operations.
tapNpay offers TapNpay and NeoRide.
tapNpay has 1 investor. Key investors include Neology.
tapNpay operates through Tapnpay, Inc..
Yes. tapNpay was acquired by Neology in June 2023.