NEW YORK, December 20, 2021- Taptap Send, a community focused cross-border financial platform, today announced a $65M Series B funding round led by Spark Capital, with participation from Unbound and previous leads Reid Hoffman and Canaan Partners, along with Slow Ventures, Breyer Capital, Wamda Capital, Flourish Ventures, and additional investors from the Middle East, Africa, Asia and Latin America. Thrilled to be part of this team and to announce our 65M Series B, led by Spark Capital. Taptap Send’s total funding now exceeds $80 million. NEW YORK, December 20, 2021-Taptap Send, a community focused cross-border financial platform, today announced a 65M Series B funding round led by Spark Capital, with participation from Unbound and previous leads Reid Hoffman and Canaan Partners, along with Slow Ventures, Breyer Capital, Wamda Capital, Flourish Ventures, and additional investors from the Middle East, Africa, Asia and Latin. Taptap Send raises 65M to build cross-border remittances focused on the most underserved markets. Taptap Send provides individuals with a simple, convenient platform to send cross-border payments instantly and without fee1. The company enables remittances for some of the most underserved markets globally. The new capital will allow the team to expand to additional diaspora communities, invest in product development and hire new talent to further improve the quality of service. ![]() Interested in more dealflow and deeper data sets from Europe Please consider joining Nordic 9 Taptap Send (company) Financial Services Payment processing. ![]() At a time when the global economy has been under pressure, Taptap Send saw business grow eight-fold, the company said. Taptap Send, a community focused cross-border financial platform, announced a 65M Series B funding round led by Spark Capital. The formal $540B remittance market is the largest source of capital for low and middle income countries, surpassing foreign direct investment and official development assistance, combined. Taptap Send raises 65 million series B led by Spark Capital. Taptap Send raises 65M to build cross-border remittances focused on the most underserved markets TechCrunch. Informal remittances are estimated to be almost as large as those through formal channels: more than 7x since 2002.
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