# Taptap Send

> Taptap Send is a mobile-first remittance app that lets migrants and diaspora communities send money home to Africa, Asia, Latin America and the Caribbean quickly and at low cost. Founded in 2018 by Michael Faye and Paul Niehaus - the team behind GiveDirectly and Segovia - the app charges no explicit transfer fee on most corridors, earning instead through a transparent exchange-rate margin, and delivers roughly 95% of payments within three minutes to bank accounts, mobile-money wallets and cash-pickup points across 70+ destination countries.

- **Founded:** 2018
- **Headquarters:** New York, New York, United States
- **Founders:** Michael Faye (Co-founder & CEO), Paul Niehaus (Co-founder)
- **Team size:** ~400 employees
- **Products:** Taptap Send mobile app, Mobile money transfers, Bank deposit & cash pickup, Instant bank funding via Plaid
- **Notable:** Grew roughly eightfold during the pandemic-era economic downturn., Raised over $80M across Series A and B, including a $65M Series B led by Spark Capital., Delivers ~95% of transfers within three minutes.

## Products & services

- **Taptap Send mobile app** — Consumer iOS and Android app for sending money from the US, UK, EU, Canada, Australia and the UAE to 70+ destination countries, with bank deposit, mobile-money and cash-pickup delivery.
- **Mobile money transfers** — Direct deposits into local mobile-money wallets (e.g. M-Pesa, Orange Money, MTN) that recipients already use, with no extra app required on the receiving end.
- **Bank deposit & cash pickup** — Automatic bank-account deposits and cash-pickup at partner branches in select corridors.
- **Instant bank funding via Plaid** — Fund a transfer directly from a linked bank account through instant bank transfer in supported markets.

## Achievements

- Grew roughly eightfold during the pandemic-era economic downturn.
- Raised over $80M across Series A and B, including a $65M Series B led by Spark Capital.
- Delivers ~95% of transfers within three minutes.
- Serves 70+ destination countries across Africa, Asia, Latin America and the Caribbean.
- Named to Escape the City's 'Escape 100' list of companies to work for.

## Latest updates

- **2021-12** — Closed a $65M Series B led by Spark Capital to expand into the most underserved remittance corridors.
- **2021-06** — Raised a $13.4M Series A co-led by Canaan Partners and Reid Hoffman.

## Links

- Website: https://taptapsend.com
- LinkedIn: http://www.linkedin.com/company/taptapsend
- Twitter/X: https://twitter.com/taptapsend
- YouTube: https://www.youtube.com/@taptapsend
- Instagram: https://www.instagram.com/taptapsend
- Facebook: https://facebook.com/taptapsend/
- TikTok: https://www.tiktok.com/@taptapsend

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Profile page: https://yespress.io/taptap-send
Published by YesPress — https://yespress.io
Last updated: 2026-07-25
