About Taptap Send
Taptap Send is a company based in London (United Kingdom) founded in 2018 by Fatimatou Ousmanou and Michael Faye.. Taptap Send has raised $78.36 million across 3 funding rounds from investors including Unbound, Canaan and Spark Capital. Taptap Send operates in a competitive market with competitors including MoneyGram, Chipper Cash, WorldRemit, Wave Systems and PaySend, among others.
- Headquarter London, United Kingdom
- Founders Fatimatou Ousmanou, Michael Faye
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Taptap Send Uk Limited
- Date of Incorporation 07 Oct, 2016
- Jurisdiction LONDON, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$78.36 M (USD)
in 3 rounds
-
Latest Funding Round
$65 M (USD), Series B
Dec 20, 2021
-
Investors
Unbound
& 7 more
-
Employee Count
Employee Count
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
Unlock access to complete
Unlock access to complete
Funding Insights of Taptap Send
Taptap Send has successfully raised a total of $78.36M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $65 million completed in December 2021. 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 3
- Last Round Series B — $65.0M
-
First Round
First Round
(04 Jun 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Taptap Send | Valuation | Spark Capital | |
| Jun, 2021 | Amount | Series A - Taptap Send | Valuation | Canaan |
|
| Jun, 2020 | Amount | Series A - Taptap Send | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Taptap Send
Taptap Send has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Unbound, Canaan and Spark Capital. 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 |
|---|---|---|---|---|
|
Spark Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Canaan is recognized as an early-stage venture capital firm.
|
Founded Year | Domain | Location | |
|
Venture capital firm
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Taptap Send
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Taptap Send
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Taptap Send Comparisons
Competitors of Taptap Send
Taptap Send 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 MoneyGram, Chipper Cash, WorldRemit, Wave Systems and PaySend, 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 |
Cross-border payments are enabled via wallet solutions for consumers.
|
|
| domain | founded_year | HQ Location |
Cross-border remittances are enabled for individuals through a mobile wallet.
|
|
| domain | founded_year | HQ Location |
Banking channel for cross border money transfers
|
|
| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via an app-based wallet.
|
|
| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via digital wallet.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Taptap Send
Frequently Asked Questions about Taptap Send
When was Taptap Send founded?
Taptap Send was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Taptap Send located?
Taptap Send is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Taptap Send?
Michael Faye is the current CEO of Taptap Send. They have also founded this company.
Is Taptap Send a funded company?
Taptap Send is a funded company, having raised a total of $78.36M across 3 funding rounds to date. The company's 1st funding round was a Series A of $13.36M, raised on Jun 04, 2020.
What does Taptap Send do?
Taptap Send was founded in 2018 in London, United Kingdom, as a fintech company focused on digital wallets. Cross-border transfers of funds are facilitated through a mobile application available on iOS and Android devices. Users are allowed to send money to recipients using debit cards, while receiving and storing funds across international borders is also supported. Operations emphasize secure, accessible remittance services for personal use.
Who are the top competitors of Taptap Send?
Taptap Send's top competitors include Chipper Cash, WorldRemit and MoneyGram.
Who are Taptap Send's investors?
Taptap Send has 8 investors. Key investors include Unbound, Canaan, Spark Capital, Breyer Capital, and Wamda Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.