Taptap Send, a leading global fintech company, has announced the resumption of its money transfer services to Ghana, effective immediately. The company’s operations were temporarily paused following a directive from the Bank of Ghana, which suspended Taptap Send’s partnership with local banks and fintech companies for one month.
The suspension, which was related to Taptap Send’s newly launched wallet product, was lifted on December 4, 2024, ahead of the anticipated deadline. This decision allows the company to resume its services, providing a vital lifeline for the Ghanaian diaspora.
“We are excited to resume transfers to Ghana for the thousands of Ghanaians who have come to rely on Taptap Send for their money transfers over the years,” said Darryl Mawutor Abraham, Head of Taptap Send Africa. “We truly appreciate the patience, love, support, and understanding of our customers during the suspension period, and we remain committed to serving the Ghanaian diaspora in full compliance with all applicable regulations.”
Taptap Send offers digital-only cross-border money transfer services and operates in several countries, including the UK, Europe, the USA, Canada, and the UAE. The company’s regulatory status remains intact, and it is committed to adhering to all relevant regulations moving forward.
The resumption of Taptap Send’s services is a welcomed relief for families who rely on fast, secure, and affordable remittances to support loved ones back home. With its return, the company continues to strengthen its commitment to providing a reliable and convenient service for the Ghanaian diaspora.
About Taptap Send: Taptap Send is a global fintech founded with the mission of equalizing access to capital by reducing the cost and friction of transferring money. The company aims to accelerate macroeconomic growth, shift informal money transfer to the formal sector, and ultimately reduce inequality. Ghana is a key market for Taptap Send, which offers money transfer services to over 40 countries worldwide.
