About Tapp Group
Tapp Group is a company based in Melbourne (Australia) founded in 2013.. Tapp Group has raised $9 million across 2 funding rounds from investors including Business Finland and AMMA Private Equity. Tapp Group operates in a competitive market with competitors including DiGiSPICE, Findi, CIT VERiCASH, Get Sortd and Bizmoto, among others.
- Headquarter Melbourne, Australia
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Sectors
Financial ServicesRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tapp Group Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9 M (USD)
in 2 rounds
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Latest Funding Round
$9 M (USD), Series A
Jun 12, 2016
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Investors
Business Finland
& 1 more
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Employee Count
Employee Count
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Funding Insights of Tapp Group
Tapp Group has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in June 2016. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $9.0M
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First Round
First Round
(01 Apr 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Series A - Tapp Group | Valuation | AMMA Private Equity |
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| Apr, 2016 | Amount | Grant - Tapp Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tapp Group
Tapp Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Business Finland and AMMA Private Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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AMMA Private Equity is an online platform connecting investors with private companies for investment opportunities.
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Founded Year | Domain | Location | |
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Innovation, internationalization, and investment support for businesses is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tapp Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tapp Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tapp Group Comparisons
Competitors of Tapp Group
Tapp Group 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 DiGiSPICE, Findi, CIT VERiCASH, Get Sortd and Bizmoto, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides suite solutions for government agencies
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| domain | founded_year | HQ Location |
Provider of digital payment and ATM services
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| domain | founded_year | HQ Location |
Mobile payment software is provided to financial institutions and operators.
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| domain | founded_year | HQ Location |
Online retail platform aggregating multi-category products
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| domain | founded_year | HQ Location |
Provides agent-based payment solutions for efficient transactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Tapp Group
When was Tapp Group founded?
Tapp Group was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Tapp Group located?
Tapp Group is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Tapp Group?
Jitto Arulampalam is the current CEO of Tapp Group.
Is Tapp Group a funded company?
Tapp Group is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a Grant of $1.4M, raised on Apr 01, 2016.
What does Tapp Group do?
App-based correspondent banking solution. It provides a mobile wallet and peer-to-peer commerce exchange network which enables underbanked people to pay at mobile points of sales. Users can pay at Tapp agent or convert cash to app balance for digital payments. It also enables sellers to accept cash for their services.
Who are the top competitors of Tapp Group?
Tapp Group's top competitors include Findi, DiGiSPICE and CIT VERiCASH.
Who are Tapp Group's investors?
Tapp Group has 2 investors. Key investors include Business Finland, and AMMA Private Equity.