Taptap Send
Low-cost money transfers
Helping people to send money instantly and securely at a fraction of the cost.
Employees
201-500
HQ Location
London, UK
OTTA INSIGHTS
Theo Margolius
COO of Otta
Traditional services for money transfer to developing countries are often slow, expensive, inconvenient and have limited reach in rural areas. Taptap Send is tapping into the rising global mobile money market to facilitate convenient, secure and fast money transfers.
The Taptap Send app allows users to make instant, no fee transfers from a European bank account directly into a mobile money account abroad. Its ease-of-use, low fees and speed has set Taptap apart from rival solutions, including traditional money wiring services.
Since launching in 2018 Taptap Send have reached tens of thousands of customers and have moved millions of dollars back to developing countries. Initially launched in Africa, Taptap is now active in 29 countires, including Lebanon and Pakistan. This is a positive indicator of the app's success and potential for expansion into new territories.
Last 2 fundraises
May 2020
$13.4m
SERIES A
Sep 2021
$65m
SERIES B
This company has top investors
Company benefits
Founders
Michael Faye
(CEO)Previously founded Segovia and GiveDirectly, platforms for facilitating payments to people living in extreme poverty
Valentino started as a Customer Support Agent, moved into the Fraud team and is now part of the Growth division.
Diversity & Inclusion at Taptap Send
Jordan Trott (Head of Talent, Tech)
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