Taptap Send
Venture Round in 2020
Taptap Send is a mobile application that facilitates instant money transfers for immigrants sending funds back to Africa at low costs. Launched in the summer of 2018, the platform has successfully processed hundreds of millions of dollars and serves hundreds of thousands of customers. It operates in seven European countries and enables payments to various countries, including Ivory Coast, Senegal, Mali, Ghana, Guinea, Cameroon, Bangladesh, Kenya, Madagascar, Zambia, Vietnam, and the Democratic Republic of the Congo, with plans for further expansion. Taptap Send simplifies the remittance process by allowing users to transfer money directly to mobile money wallets using just a debit card, eliminating the need for physical deposits and saving time for its clients.
Bayport Management
Private Equity Round in 2013
Bayport Management Ltd is a financial services company headquartered in Ebene, Mauritius, with operations extending across several countries, including Botswana, Colombia, Ghana, Mexico, Mozambique, South Africa, Tanzania, Uganda, and Zambia. Established in 2001, the company specializes in offering a range of retail financial products, including personal loans, savings accounts, flexible deposits, and transaction accounts. Additionally, Bayport provides innovative banking solutions such as mobile banking, e-wallets, payment kiosks, and ATM services. The company also offers various insurance products, including credit insurance and plans for education, hospital, and funeral coverage. Bayport Management generates revenue primarily through interest income and administration fees associated with its financial services.