taptap send capital series junelundentechcrunch

Taptap CEO and co-founder Michael Faye added, ?With the pandemic pushing more than a hundred million people into extreme poverty and countless others into economic hardship, the importance of capital and the ease of moving it where it most needed has rarely been greater. ?Taptap is the fastest, easiest, safest, and lowest-cost solution Ive used and I am proud to be spending my time to make the product even better and bring it to others who also want to send money to their loved ones.p> When I found Taptap, I realized I had the opportunity to do that now and to build something to improve the lives of my people: my little family, my wider family, my village of Peki, my country of Ghana, my continent of Africa and my world. The plan was to make money to send home and eventually go back to help build the economy of Ghana. Your contacts never leave your device, we do not use them for any form of marketing or analytics, not even in an anonymised or aggregated way. Taptap Send Africa head Mawutor Abraham said, ?I left Ghana 17 years ago as an economic migrant. There are no cashout fees with CashPlus Please find below some useful information to help your recipient to cash out their CashPlus transfer in Morocco: Your recipient can cash out their transfer in any CashPlus agency they are open every day from 8:30 AM to 8:00 PM To find the nearest agency, use this link. Tap Tap Send needs access to your Contacts so we can provide a streamlined experience within the app, allowing you to select contacts for favouriting or messaging. The company mobile app allows immigrants to send the money within minutes at an affordable rate to Asia and Africa, with little to no fees for most of the countries.Īccording to Taptap, the new funding will allow it to expand to further communities, invest in product development and hire new talent to improve its service quality. Our aim is to offer you an exchange rate that is as close as. We keep part of the gain to pay our own bills and pass the rest of the gain on to you. Following this Series B, Taptap has raised a total of $80m since its inception.įounded in 2019, Taptap helps immigrant communities by helping them send money to their friends and family back home. Taptap Send pools together transfers from all customers every day to negotiate hard on behalf of you to get the best possible rate - much better than what each individual customer could get alone. The round also saw participation from Unbound, Reid Hoffman, Canaan Partners, Breyer Capital, Slow Ventures, Wamda Capital, Flourish Ventures and a range of other unnamed investors from the Middle East, Africa, Asia and Latin America. The 65M investment in Taptap Send will allow us to invest even more in the communities we serve, increasing the quality of service, improving speed while lowering cost, and helping our users with their financial needs, independent of borders. Cross-border financial platform Taptap Send has reeled in $65m from a Series B funding round led by Spark Capital.

Taptap send capital series junelundentechcrunch