![]() Every Sunday, I would watch Fe catch the bus to Lucky Plaza so she could send money home. She spent over 30 years with us, in the process becoming a part of our family and a second mother to me. Fe was in her 20s when she left her family in the Philippines to join mine. I grew up in Singapore, a society where it is common for migrant domestic workers to move in with a household to help with cooking, cleaning, and looking after the kids. How have remittance payments impacted your life? I started my career in big law, then moved to become in-house counsel at a large bank. Despite learning a ton from both positions and meeting some amazing people along the way, it felt hard to know that most of my time was spent working for huge corporate companies or wealthy private clients. I'd always dreamed of a career where I could apply my skills towards something I was passionate about (more on that later!), so when I saw the job opening for Taptap, it felt like the perfect opportunity.īesides the mission, I love the global, international nature of our team and the markets in which we operate. A love for travelling and learning about different cultures seems universal amongst Tappers - both of which resonate with me and make it a really exciting and dynamic environment to be in. ![]() I was born and raised in Singapore but have called London home for the past decade I'm Laura, legal counsel for Taptap Send. I joined TTS in March 2021 (although it feels like I've been here for much longer!). ![]() In a new interview series, Meet our Tappers, we wanted to bring those journeys to life by speaking to our lovely team about their backgrounds and what it means to work for a mission driven company. He says he new capital will allow the firm to expand to additional diaspora communities, invest in product development and hire new talent.Here at Taptap Send (TTS) we have a bunch of amazing people that work for our business, affectionately known as Tappers, that have truly inspirational stories about why they joined TTS. “We’re committed to reducing global inequality by providing accessible, usable financial tools to individuals who need them most.” “With the pandemic pushing more than a hundred million people into extreme poverty and countless others into economic hardship, the importance of capital and the ease of moving it where it’s most needed has rarely been greater,” says Michael Faye, co-founder and CEO of Taptap Send. Whereas the World Bank predicted a 25% decline in remittances since the onset of Covid, Taptap has seen more than 8x growth and doubled its team to 100+ with an additional 13 receive markets launched including Bangladesh, Cameroon, DRC, Ethiopia, Kenya, Madagascar, Morocco, Nepal, Nigeria, Pakistan, Republic of the Congo, Sri Lanka, and Vietnam beyond those previously offered: Côte d'Ivoire, Ghana, Guinea, Mali, Senegal and Zambia. Taptap Send’s total funding now exceeds $80 million.įounded by the founders of the non-profit philanthropic cash transfer outfit GiveDirectly and Segovia, the B2B mobile payment gateway acquired by Crown Agents Bank, Taptap Send provides individuals with a fee-free platform for transferring cross-border payments, serving frontier markets across Africa and Asia. The new capital raise was 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.
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