Fundz

Digital Banking Start-Up Yap Raises $41 Million, To Expand Into Saudi Arabia

PRIVATEJul 04, 2022

Amount Raised

$41 Million

Round Type

Funding Round

ItalyFinancial ServicesSoftwareMobileAppsPayments

Description

YAP, a digital bank in the United Arab Emirates, said on Monday it had raised $41 million in funding and targeted raising another roughly $20 million to finance its expansion plans.

Quick answer

Yap raised $41 Million in a Funding Round round, dated July 4, 2022. Yap is based in Italy.

How much did Yap raise?
Yap raised $41 Million in a Funding Round round on July 4, 2022.
What does Yap do?
Paga in tutti i negozi con il tuo smartphone, invia e chiedi soldi agli amici, compra online.
Where is Yap based and how big is it?
Yap is based in Italy.

Source: Fundz verified event record.

Who else raised in Financial Services and Mobile around the same time

Companies in the same sectors as Yap that raised within 45 days of this round, from Fundz verified event records.

  • Finix raised $30M (Funding Round) on August 10, 2022.
  • KuCoin raised $10M (Corporate Round) on July 21, 2022.
  • Residently raised $5.9M (Funding Round) on July 21, 2022.
  • Hashflow raised $25M (Series A) on July 21, 2022.
  • Iris Technology, Inc. raised $3M (Seed) on July 20, 2022.
  • Mahalo raised $20M (Funding Round) on July 19, 2022.

Who to call at Yap, and when

A new round usually means Yap is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Yap raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Yap, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Yap. With Fundz connected, it knows.

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Company Information

Company

Yap

Location

Italy

About

Paga in tutti i negozi con il tuo smartphone, invia e chiedi soldi agli amici, compra online. Paga con YAP: è facile, comodo e sicuro. Attiva YAP gratis in pochi minuti.

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Yap 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.