Taptap Send gets $13.4M for a no-fee money transfer service aimed at price-conscious emerging market users

Taptap Send gets $13.4M for a no-fee money transfer service aimed at price-conscious emerging market users

3 years ago
Anonymous $LNMzUc6XNz

https://techcrunch.com/2021/06/24/taptap-send-gets-13-4m-for-a-no-fee-money-transfer-service-aimed-at-price-conscious-emerging-market-users/

Remittances — specifically when people in developed countries send money to family or friends in emerging markets — continues to be a huge lever to help those in more challenging economies survive and improve their lot. Today, a startup that has built a remittance platform that it believes is the most economically sympathetic and useful to the people who use those services the most is announcing some funding to continue growing.

Taptap Send, which provides a “free” mobile money transfer service from eight countries to 15 others, has raised $13.4 million, money that it will be using to continue expanding its scope and the services that it provides to its customers.