Tap

What Tap does

Tap Global Group plc is a Gibraltar-incorporated, London Stock Exchange AIM-listed digital finance company that operates a regulated mobile-first platform bridging fiat banking and digital assets. Its product stack combines a multi-currency money account with dedicated GBP Sort Code and EUR IBAN accounts, a prepaid Mastercard issued by Transact Payments Limited under Mastercard licence, a crypto trading venue covering 70+ assets, a cashback rewards programme, and the Tap Earn yield product offering up to 8.0% APY on stablecoins. B2B offerings include a Crypto Business Account, Card-as-a-Service and Crypto-as-a-Service white-label platforms, and the more recently launched Bitcoin Treasury as a Service (BTaaS) for publicly listed corporates. Underlying technology includes a proprietary Smart Router that aggregates exchange and order-book prices in real time, cold wallet custody for user crypto balances, and the internal Tap Network enabling free account-to-account transfers.

The company serves two customer segments: a primary retail consumer base of 391,000+ registered users across the UK and EEA (excluding the US), and a smaller B2B segment targeting crypto-native businesses and public companies. Revenue is generated from tiered transaction fees across Standard, Black, and Titanium account plans (card loading, FX conversion, ATM withdrawals, bank transfers), spread economics on the Tap Earn yield product, and recurring B2B subscription revenue from BTaaS, Card-as-a-Service, and Crypto-as-a-Service. Strategic infrastructure partners include Moorwand (FCA-regulated EMI providing BaaS rails) and Mastercard (card network). The company reports £3.48M in FY2025 revenue (31% YoY growth), £410K positive adjusted EBITDA, 7+ supported currencies, and dual regulatory licensing under the Gibraltar DLT Framework and Bulgarian NRA virtual asset regime.

Name

Tap

Legal name

Tap Global Limited

Website

https://withtap.com

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Tap Global is a Gibraltar-regulated, LSE AIM-listed digital finance platform offering a mobile super app that combines multi-currency accounts, a prepaid Mastercard, crypto trading, yield products, and B2B white-label and Bitcoin treasury services to 391,000+ retail and institutional users across the UK and EEA.

Ownership category

akta.pro rank

Product category

Crypto Banking Platform

NAICS

Credit Card Issuing (52221)

SIC

Finance Services (6199)

akta.pro primary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

akta.pro secondary industries

Open-Loop Prepaid Cards (Network-Branded) (FSAMANAA), Crypto-Enabled Cross-Border Transfers & On/Off-Ramps (FSAGAKAO), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)

Keywords

• Crypto banking platform
• Digital finance app
• Prepaid crypto debit card
• Bitcoin treasury services
• Crypto-as-a-service

Headquarters

HQ city

Gibraltar

HQ country

Gibraltar

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Card Loading Fees: Fees charged when users load funds onto their Tap card via debit card. Rates vary by account tier and card issuance region: 1.5%/1.25%/1.00% for EEA-issued debit cards; 2.5%/2.25%/2.00% for cards issued outside the EEA; 3% for business/corporate debit cards. Standard Account pays highest rate, Titanium pays lowest.
2. ATM Cash Withdrawals: Fees charged for ATM cash withdrawals. Standard and Black accounts pay €2 (min) or 2% per transaction; Titanium account receives free withdrawals up to unlimited. ATM operator fees may apply separately.
3. Currency Conversion Fees: Foreign exchange conversion fees when spending on the Tap Card outside the Euro zone or converting between currencies within the Tap wallet. Standard account: 1.5%; Black account: 1.0%; Titanium account: free unlimited.
4. Withdrawal and Transfer Fees: Fees for withdrawing funds from Tap to external bank accounts. UK Faster Payments: £2 for Standard/Black, free for Titanium. SEPA transfers: €2 for Standard/Black, free for Titanium.
5. Miscellaneous Account Fees: Chargeback processing fee of €25 (all tiers), card replacement fee of €10 for Standard/Black accounts (free for Titanium), reverse payment administration fee of €25/£25, investigation fee of €25/£25, redemption fee of €10. Monthly inactivity fee of €3 after 12 months of no activity.
6. Crypto Yield Products (Tap Earn): Yield earned on customer crypto deposits. The company increased customer-facing yields from up to 7.0% to up to 8.0% on stablecoins. Assets under management reached over $5 million as of June 2026. Revenue is generated from the spread between customer yield rates and Tap's own yield on deposited assets.
7. Bitcoin Treasury as a Service (BTaaS): A B2B service enabling publicly listed companies to manage Bitcoin as a treasury asset. Combines trading, custody, liquidity aggregation, and regulatory compliance. Created a new recurring revenue stream for Tap following pilot testing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels10 records

Core offering

Tap is a regulated digital finance super app that bridges fiat banking and the digital asset economy in a single mobile application. It offers retail consumers multi-currency money accounts (EUR IBAN and GBP Sort Code accounts), a prepaid Mastercard with up to 8% cashback, trading of 70+ crypto assets, and yield products (Tap Earn) on stablecoins, Ethereum and Bitcoin. For businesses and institutions, Tap provides a Crypto Business Account, Card-as-a-Service (white-label card issuance), Crypto-as-a-Service platform, and Bitcoin Treasury as a Service (BTaaS) for corporate Bitcoin treasury management.

Product overview

Tap is a unified digital finance super app that bridges traditional fiat finance and the digital asset economy. The platform operates as a modular ecosystem combining a core mobile app with integrated financial services including crypto trading (70+ assets), multi-currency accounts with dedicated IBANs, a Mastercard-branded debit card with up to 8% cashback, and the Tap Earn yield product. B2B offerings include Crypto Business Account, Card as a Service, Crypto as a Service, and Bitcoin Treasury as a Service (BTaaS) for institutional clients. The platform is publicly listed on the London Stock Exchange and regulated by the Gibraltar Financial Services Commission.

Differentiator

Problem solved

Functional benefit

Brands

• Tap Earn: Crypto yield product offering variable yields on supported stablecoins (up to 8.0%), Ethereum (3.5%), and Bitcoin (2.5%)
• Tap Card
• Bitcoin Treasury as a Service (BTaaS)
• Smart Router
• Tap Network
• Premium

Products and services

• Tap App A digital finance super app for individual consumers that combines crypto trading, multi-currency money accounts, prepaid card spending, international transfers, cashback rewards and crypto yield in a single mobile application on iOS and Android.
• Tap Card A prepaid Mastercard enabling worldwide online, in-store and ATM spending for Tap users, offering up to 8% crypto cashback on purchases and access to best-value exchange rates. Cards are issued by Transact Payments Limited under Mastercard licence.
• Tap Earn A crypto yield product offering variable returns on customer crypto deposits, with yields increased to up to 8.0% APY on stablecoins, 3.5% on Ethereum, and 2.5% on Bitcoin. Features flexible withdrawals without lockup periods and AUM that grew past $5 million by June 2026.
• Money Account A multi-currency fiat account providing dedicated EUR IBAN and GBP Sort Code/Account Number for users to manage money in 7+ currencies, send and receive funds, and receive salary directly via SEPA and UK Faster Payments.
• Crypto Trading A built-in cryptocurrency trading service enabling users to buy, sell, swap and hold 70+ crypto assets including Bitcoin, Ethereum, USDT, USDC, Litecoin and XRP, secured with 2FA authentication and bank-level encryption.
• Send Money An international money transfer service letting users send and receive money across 7+ currencies and split everyday expenses within the Tap app.
• Crypto Business Account A dedicated business banking solution providing IBANs, global payments and crypto trading capabilities for SME and corporate clients seeking crypto-friendly financial infrastructure.
• Card as a Service A white-label card issuance solution enabling businesses to launch their own branded payment cards on Tap's card infrastructure with customised features and branding.
• Crypto as a Service An embedded crypto trading platform enabling businesses to launch their own cryptocurrency trading solution with Tap's integrated custody, liquidity aggregation and regulatory infrastructure.
• Bitcoin Treasury as a Service (BTaaS) An institutional B2B platform that enables publicly listed companies to manage Bitcoin as a core treasury asset, combining trading, custody, liquidity aggregation and regulatory compliance in a single managed offering.

Quantifiable outcome

• 31% revenue growth to £3.48 million for FY2025
• +5 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and secondary.

• MoorwandcoreTechnology or Integration · 5 October 2025Strategic partnership with Moorwand, a UK FCA-regulated Electronic Money Institution (Firm Reference No. 900709), to integrate Banking-as-a-Service capabilities into Tap's digital finance app. Through this integration, Tap users gain access to dedicated GBP accounts with Sort Codes and Account Numbers, and EUR accounts with individual IBANs. The partnership removes dependency on external bank accounts for funding and enables direct salary deposits, positioning Tap as a primary financial account for UK crypto-fintech users.
• Transact Payments LimitedcoreTechnology or IntegrationTransact Payments Limited, incorporated in Gibraltar, is authorised and regulated by the Gibraltar Financial Services Commission as an electronic money institution. Issues Tap's prepaid Mastercard under licence from Mastercard International. Manages the card program including transaction processing, ATM access, and cardholder services. Critical infrastructure partner for Tap's card product.
• Heuro SAS (formerly Harmoniie SAS)secondaryTechnology or IntegrationHeuro SAS (CIB: 17398) serves as an issuing partner providing banking services and electronic money accounts for Tap users. One of several partner payment institutions that provide services as disclosed within the app, alongside Moorwand.
• Mastercard InternationalcoreTechnology or IntegrationMastercard International Incorporated grants Tap a licence to issue prepaid Mastercard cards. The Mastercard brand and circles design are registered trademarks of Mastercard International. Cards are issued by Transact Payments Limited pursuant to this licence. Provides global payment network acceptance for Tap cards worldwide.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Wirex: Wirex is a crypto-enabled payments app offering a multi-currency card, in-app crypto trading, and yield-like rewards. It is the closest direct peer to Tap given the near-identical product mix of fiat account + crypto debit card + cashback.
• Crypto.com: Crypto.com operates a crypto exchange, prepaid Visa card with cashback, and an Earn yield product, mirroring Tap's core retail offering. It is a much larger scaled competitor in the same crypto super-app category.
• Plutus: Plutus offers a crypto cashback debit card and a non-custodial wallet with staking/rewards in the EEA. The card-plus-yield product set and European focus make it a relevant direct peer to Tap's consumer stack.

Broad incumbents

• Revolut: Revolut is a multi-currency super-app that now offers crypto trading, cards, and savings products. It dwarfs Tap in scale and serves a much broader use case, but its crypto features compete head-on with Tap's.
• PayPal: PayPal offers crypto buy/sell/hold and a payments card. While broader than Tap, its regulated crypto-in-app offering and card products are a competitive benchmark and overlap on cashback-style consumer features.
• Block (Cash App): Cash App, part of Block, combines a payments card with native Bitcoin trading, savings, and yield features. The integrated fiat-and-Bitcoin super-app model parallels Tap's positioning, although at vastly greater scale and with US-centric reach.

Emerging players

• Nexo: Nexo is a crypto lending and Earn platform that, like Tap Earn, lets users earn yield on deposited crypto and stablecoins. The overlapping yield-product economics make it a comparable for Tap's fastest-growing line of business.
• Alchemy Pay: Alchemy Pay provides crypto on-ramp and payment gateway infrastructure and a crypto card product. It is comparable to Tap's Crypto-as-a-Service and card stack from a B2B infrastructure angle.
• MoonPay: MoonPay is a crypto on-ramp and off-ramp provider and white-label infrastructure layer. It is comparable to Tap's Crypto-as-a-Service proposition, particularly for businesses that want to embed crypto buying into their own apps.

Others

• Banking Circle: Banking Circle is a payments bank and BaaS provider that supplies account, IBAN, and payment-rail infrastructure to fintechs. It is functionally adjacent to Tap's partnership with Moorwand and competes for the same B2B embedded banking demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/Tap_Fintech
• LinkedInlinkedin.com/company/tapglobal
• Instagraminstagram.com/tap.global

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tap