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January 24, 2023
Tap Global Group Plc
(“Tap” or “Company”)
Win contract:
Bitfinex Becomes First Customer of New Tap ‘Cards as a Service’ B2B Revenue Stream
Tap Global Group Plc (AQSE: TAP), a regulated cryptocurrency app that bridges the gap between traditional finance and blockchain technology, launches a CaaS “Cards as a Service” B2B product (the “Product”). I am happy to announce. Cryptocurrency exchange Bitfinex will be used as the first client of this new service.
Our new product allows companies like Bitfinex to offer their customers a prepaid Mastercard to enhance their existing financial services. The card, which will be available to all of Bitfinex’s European users, is underpinned by Tap’s existing infrastructure and regulatory approvals, allowing Bitfinex account holders to convert their crypto assets into euros. , you can transfer money to the card and buy from any. His 37 million merchants worldwide accepting Mastercard.
While Tap’s products may appear branded by clients such as Bitfinex, all issuance, management and settlement services are provided by Tap. Tap bills its products on a card-by-card, monthly basis, giving clients control, flexibility, and transparency.
David KerrTap’s Chief Executive Officer, commented:
“We are delighted to add this B2B product to Tap’s offerings and support innovative businesses such as Bitfinex to seamlessly convert and spend crypto assets without being hindered by traditional banking systems.” We look forward to providing our customers with the financial flexibility to
Bitfinex, one of the world’s largest cryptocurrency exchanges, is an ideal partner to externally launch this product, previously only available to Tap’s user base.
Tap is not a simple “buy cryptocurrency” app focused solely on individual users. It is our ambition to become one of the world’s leading fintech companies and this product is an example of an important and growing business focused product. ”
Our directors are responsible for the content of this announcement.
inquiry:
Tap Global Group Plc |
Via Vigo Consulting |
Peterhouse Capital Limited (AQSE Growth Market Corporate Advisor) |
Phone: +44 (0)20 220 9795 |
vigo consulting (Investor information) |
Phone: +44 (0)20 7390 0230 |
About Tap Global
Tap is a fully regulated, fully integrated cryptocurrency exchange service provider and associated neo banking platform.
Tap’s 100,000+ users can access several major cryptocurrency exchanges through a single regulated app. And with Tap’s proprietary artificial intelligence middleware, clients benefit from best execution and real-time pricing. Users can also convert cryptocurrencies through the Tap card to use at his over 37 million merchants worldwide.
Founded in 2018, Tap is one of the few fully regulated integrated solutions operators to offer distributed ledger technology services and was the first crypto fintech company approved by Mastercard. Europe.
Mastercard and electronic money services are provided under license held by Transact Payments. Gibraltar and Malta. Tap is registered as an agent of Transact Payments to provide these services.
For more information, please visit www.tap.global/gb-en or visit our investor website www.investor.tap.global.
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