![]() Clients include Te Creemos, Taptap Send and Tropipay. Mati has chosen to focus on high-growth regions, such as Latin America and South East Asia, because they tend to be underserved when it comes to digital reputation. The Series B was led by Spark Capital and is coming at a crucial time for the larger cross-border finance space. You run into edge cases quite quickly when you’re an immigrant or you don’t have the right documents. Taptap Send, a tech startup that helps immigrants send money to people in their home countries, announced Monday it raised 65 million in fresh funding. The issue is that most reputation services aren’t that flexible. As an immigrant in the U.S., he couldn’t verify himself on Airbnb. And these kinds of verifications are extremely important for fintech startups and companies operating in the so-called sharing economy industry.įilip Victor himself has suffered in the past from poor reputation processes. Business Wire Taptap Send Raises 65M Series B to Expand Cross-Border Fintech Platform and Reduce Global Inequality. Get a deep dive into Taptap Send 's funding. ![]() 9 investors participated in it's latest round, lead by Spark Capital. FinSMES Taptap Send Raises 65M in Series B Funding. How much funding has Taptap Send raised till date Taptap Send has raised a total funding of 80M over 3 rounds.It's first funding round was on Jun 04, 2020.It's latest funding round was a Series B round on for 65M. “What we do is a digital reputation API that turns anonymous strangers into trustworthy users,” co-founder and CEO Filip Victor told me. Built In NYC Taptap Send Gets 65M to Bring Money Transfers to Developing Countries. Instead of taking a photograph of important documents, Mati can help you connect to a government database or a utility provider to download and share data from those services directly. When a company starts using Mati, they can verify various data points, such as residency, income and taxes. In many ways, Mati works a bit like Plaid, but not just for other types of data. ![]() This has been nothing short of a revolution for the emerging markets where the overwhelming majority of the. We’re tapping into a transformative shift in global finance: from banks to phones. Mati isn’t just an ID verification company with biometric checks. Launched in 2019, Taptap Send is a mobile app transforming international money transfer by making it as cheap, fast and convenient as possible. Investors in today’s funding round include Tribe Capital, with Arjun Sethi joining the board Jerry Murdock from Insight Partners Sima Gandhi, who is the former head of business development and strategy at Plaid and Will Hockey, the CTO of Plaid. Mati uses an API-first approach and lets users seamlessly share pieces of their legal identity. Meet Mati, a startup that recently raised a $13.5 million Series A round to build a digital reputation API that could change the way you interact with online services.
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