Taptap Send Valuation, Funding & Investors

Paysend is a London-headquartered money transfer platform enabling card-to-card remittances from Visa or Mastercard across 170 countries. Founded in 2015, it processes over 10 million transfers yearly with instant payouts to bank accounts or cards in destinations like India and Brazil.

GoTyme Bank is a Manila-based digital bank licensed by the Bangko Sentral ng Pilipinas, offering instant account opening via app without physical branches. Services include P2P transfers through InstaPay, bill payments to over 1,000 merchants, and savings accounts with up to 4% interest. Users access QR code scanning for retail purchases and micro-investments in mutual funds. Launched in 2022 through a partnership with Robinson Retail Holdings, it has onboarded 2 million customers in its first year.

Zolve is a neo-banking platform launched in 2020 from Bangalore, India. It issues deposit accounts, prepaid cards, and facilitates money transfers, bill payments, and remittances. Zolve provides transaction monitoring dashboards and budgeting tools for expatriates and domestic users.

Cash Plus SA is a fintech company. The company provides payment-services company proviby offering online and offline money-transfer solutions, and allowing users to send and receive funds nationally and internationally through its mobile app.

Thunes is a Singapore-headquartered global payments network connecting banks, fintechs, wallets, and mobile money across emerging markets. Launched in 2016, it supports cross-border transfers, disbursements, and collections in 110 countries with offices in London, Dubai, Nairobi, Miami, and Barcelona. In 2022, it acquired Tookitaki for anti-money laundering compliance.

WorldRemit is a London-headquartered digital remittance service operating in 130 countries with payouts to 5 billion bank accounts and 500,000 cash pickup points. Founded in 2010, it facilitates transfers via app or website in 70 currencies, serving 5 million customers annually. WorldRemit partners with banks like Santander and mobile wallets in Africa and Asia, emphasizing low fees averaging 0.5 percent and delivery in minutes. The company processed $10 billion in volume in 2023.

OpenFX is a cross-border payments platform enabling 24/7 FX transfers with real-time settlement and tight spreads. San Francisco-headquartered, it supports 150 currencies via APIs for fintechs and enterprises. Backed by alumni from PayPal and Kraken, OpenFX processes $1 billion monthly for e-commerce merchants and remittance services.

PicS NV is a digital payments company. The company operates a peer-to-peer (P2P) transfer platform that enables individuals to send money via mobile devices. It provides digital wallets, instant payments (Pix), P2P transfers, credit cards, loans, investments, insurance, and SMB payment solutions. The company has four reportable segments: Consumer Banking, Small and Medium-Sized Businesses, Audiences and Ecosystem Integration, and Institutional. The majority of the company's revenue is derived from the Consumer Banking segment, which generates revenue from various transaction activities occurring in the digital wallet, such as Pix, peer-to-peer (P2P) transfers, and bill payments.

Chipper Cash is a fintech platform enabling instant cross-border mobile money transfers across Africa. Headquartered in San Francisco, California, and founded in 2017, the app supports fee-free remittances, bill payments, and savings accounts in countries including Nigeria, Ghana, Uganda, and Tanzania. Chipper Cash integrates with local wallets like MTN MoMo and Airtel Money, processing billions in transaction volume annually for millions of users.

Lightnet is a Bangkok-headquartered digital payments network connecting fiat banking rails with blockchain for instant remittances in Southeast Asia. The platform holds EMI licenses in Thailand, holds fiat stablecoins, and serves unbanked migrant workers sending funds to Philippines, Indonesia, and Vietnam.

International Money Express Inc is a processor of money transfer services in the USA to the Latin America and the Caribbean (LAC) corridor. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia.

Félix is a Mexico City-headquartered fintech founded in 2022 offering chat-based remittances for Latinos in the United States sending funds to Latin America. The platform employs blockchain stablecoins and AI-driven verification for instant, low-cost transfers via WhatsApp integration. Services cover payouts to Mexico, Colombia, and other countries, streamlining traditional remittance corridors with mobile-first accessibility.

Momo is Vietnam's leading mobile wallet and super app founded in 2007 serving tens of millions of users. Offers comprehensive fintech services including mobile payments bill payment across 100+ categories money transfers personal loans airline and movie ticket purchases. Partners with 24 domestic banks and international payment networks including Visa Mastercard and JCB.

Western Union provides domestic and international money transfers through its global network of over 500,000 outside agents. The company handled almost 290 million transactions in 2024 and is the largest money transfer company in the world.

Flywire Corp provides a secure payment platform, offering its clients a streamlined process to receive reconciled domestic and international payments more cost-effectively and efficiently. The company's solutions are built on three core elements, namely a payments platform, a proprietary payment network, and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.