New York City based Taptap Send is raising $13,366,000.00 in New Equity Investment.
New York City, NY – According to filings with the U.S. Securities and Exchange Commission, Taptap Send is raising $13,366,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Michael Faye played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Taptap Send
Taptap Send is an app that lets immigrants send money back home to Africa instantly and at very low prices. Since launching in summer 2018, we’ve already moved tens of millions of dollars and reached tens of thousands of customers. We’re live in seven European countries, and we support payments into Senegal, Mali, Guinea, Ghana, Cameroon, and the Ivory Coast, with more countries launching soon. Global remittances account for over $500 billion annually, most of which moves back into developing countries. But the market is dominated by traditional services that are expensive, can take days to arrive, and have limited reach in rural areas. We’re helping people to send that money instantly and securely at a fraction of the cost.
To learn more about Taptap Send, visit http://www.taptapsend.com/
Contact:
Michael Faye, Chief Executive Officer
234-294-2346
https://www.linkedin.com/in/michael-faye-6518893/
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