Little-known Finnish emerging markets fintech startup Tapp Commerce has raised $9 million Series A funding to continue its growth strategy and expand faster into Indonesia, Philippines, Thailand and Vietnam.
The Turku-headquartered startup has now raised a total of $12 million.
“We are extremely proud of what we have been able to achieve with our initial seed funding and in demonstrating substantial proof points about our business and its unique model in the market”, explains Warren Sample, CEO of Tapp Commerce.
Founded in 2013, Tapp Commerce provides people without a bank account in emerging markets a sales agents network via which they can buy goods and services online. The business is functioning surpassingly well with nearly 3 million buyers in South East Asia market.