Tap Global Group
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Tap Global Group is a British financial technology company headquartered in London. It provides cryptocurrency trading and digital banking services through its mobile app.[1]
History
Tap Global was founded in 2018 by software developer Arsen Torosian and payments industry executive David Carr.[1] Following its establishment, the company secured a Distributed Ledger Technology (DLT) license in Gibraltar. In February 2020, following a beta testing phase in late 2019, the platform was officially released to the public.[2] Upon launch, the company introduced the first crypto-linked Mastercard provided by Transact and is available in the European Economic Area (EEA).
In 2021, Tap Global reorganized its leadership structure. David Carr assumed the role of CEO to oversee operations, while co-founder Arsen Torosian transitioned to Chief Strategic Officer.[2]
In January 2023, Tap Global listed on the Aquis Stock Exchange in the United Kingdom following a reverse takeover of Quetzal Capital.[2] The listing raised approximately £3.1 million, making Tap Global the first cryptocurrency exchange provider to list on a UK stock exchange.[2] Later in 2023, Kriya Patel, formerly of Transact Payments Ltd, was appointed CEO of the operating company.[3]
In 2025, Tap Global expanded operations to the United States through its subsidiary, Tap Americas, in partnership with Zero Hash.[4] That same year, Tap Global transferred its public listing from the Aquis exchange to the London Stock Exchange's AIM market.[5] By early 2025, Arsen Torosian had returned to the position of Group CEO, and the company reported it had almost 400,000 registered users.[5]
Operations
Tap Global operates a regulated crypto-fiat exchange and payments platform. Its primary consumer product is a mobile application that integrates cryptocurrency wallets with traditional banking infrastructure.[2] Through artificial intelligence middleware, the app connects to multiple exchanges to source liquidity and pricing for trades. It also offers a prepaid Mastercard that allows users to convert digital assets into fiat currency.[2]
Tap Global also provides business-to-business (B2B) services, including crypto-as-a-service and cards-as-a-service.[6]
References
- ↑ 1.0 1.1 Hunt, Simon (January 9, 2023). "Crypto trading app Tap Global among London’s first public listings in 2023". https://www.standard.co.uk/business/crypto-trading-app-tap-global-among-london-s-first-public-listings-in-2023-b1051734.html.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 Parkin, Darren (January 10, 2023). "Crypto exchange Tap Global becomes one of London’s first listings of 2023". https://www.cityam.com/crypto-exchange-tap-global-becomes-one-of-londons-first-listings-of-2023/.
- ↑ Pugh, Alex (May 15, 2023). "Crypto and banking app Tap Global names Kriyakant Patel as new CEO". https://www.fintechfutures.com/contactless-payments/crypto-and-banking-app-tap-global-names-kriyakant-patel-as-new-ceo.
- ↑ Budszus, Tom (20 December 2024). "Tap Global posts widened loss amid impairment; optimistic for future". https://www.lse.co.uk/news/tap-global-posts-widened-loss-amid-impairment-optimistic-for-future-u9kg8uw958ik0cf.html.
- ↑ 5.0 5.1 Hornstein, Oscar (June 27, 2025). "Tap Global begins trading on London's AIM". https://www.uktech.news/news/investment-news/tap-global-trading-aim-20250627.
- ↑ Parkin, Darren (January 24, 2023). "Bitfinex named as first customer for Tap Global's new B2B 'cards as a service'". https://www.cityam.com/bitfinex-named-as-first-customer-for-tap-globals-new-b2b-cards-as-a-service/.