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TabaPay closes $155 million in strategic growth financing led by FTV Capital. The funding will support TabaPay's growth and facilitate its planned acquisition of Transact Bank.

PRIVATESep 02, 20265 days ago

Amount Raised

$155 Million

Round Type

Venture - Series Unknown

Mountain ViewFinancial ServicesPaymentsFintech

Investors

Ftv Capital

Description

TabaPay, Inc. has secured $155 million in strategic growth financing led by FTV Capital. This financing includes both primary capital for the company and a secondary transaction. The funds will be used to bolster TabaPay's growth initiatives

Company Information

Company

TabaPay

Location

Mountain View, California, United States

About

TabaPay is the leading instant money movement platform for the fintech industry, processing over one million transactions daily on behalf of more than 2,500 clients in the U.S. and Canada. The company provides merchant acquiring, instant payments, and services across the payments ecosystem and is majority employee owned with investments from Aligned Partners and Softbank.

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TabaPay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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