FT Partners Advises TabaPay on its Investment from SoftBank
Overview of Transaction
- On March 1, 2022, TabaPay announced an Investment from the SoftBank Vision Fund 2
- Headquartered in Mountain View, CA, TabaPay, the leader in card payments processing for FinTech companies, helps clients easily move money in real time
- Leading FinTechs use the TabaPay platform to process payments and payouts, domestically and cross-border; the platform is optimized for speed, cost, and risk, to support most payment use-cases through direct connections to 15 banking partners and 14 networks (card schemes and RTP)
- Currently processing over 1 million transactions a day with a 2018-2021 CAGR of 111% and 153% in dollar volume, TabaPay expects this phase of hypergrowth to continue
Significance of Transaction
- This commitment from SoftBank confirms the value TabaPay brings to FinTech companies with instant money movement, and will be used to support the Company’s rapid and and sustained growth
- TabaPay will further accelerate development of its leading FinTech payment platform, commitment to new industry verticals, and allow for faster global expansion to meet client demand
FT Partners' Role
- FT Partners served as the exclusive financial and strategic advisor to TabaPay
- This transaction highlights FT Partners’ deep domain expertise in the payments sector, as well as its successful track record generating highly favorable outcomes for high-growth FinTech companies