Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. The World Bank estimates that some $589 billion will be sent this way 2021, according to research from the World Bank, up 7.3% on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19.

“The company has a nuanced, yet powerful strategy that Michael has put into place to allow [it] to be the lowest-cost provider in every market they enter. Taptap send says that it’s the only company in the space that has publicly committed to that goal (it has yet to hit it, Taptap Send is among the startups that is trying to approach the promise of tech with this in mind, and with a view to bucking that trend.

Taptap Send Raises $65M To Build Cross-Border Remittances Focused On The Most Underserved Markets

Description

Company Information

Funding Insights

Taptap Send Raises $65M To Build Cross-Border Remittances Focused On The Most Underserved Markets

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Funding Insights

Company Information