TabaPay secures $155M strategic growth financing
One API connects payouts and collections to payment rails including cards, ACH, RTP and FedNow.
Moving funds through a single connection
TabaPay lets businesses accept payments and make payouts through one integration rather than building a separate connection for each destination. Its API supports card movement and bank rails including ACH, RTP, FedNow and wire transfers, with processing tools for payment operations.
Fintechs, lenders and other high-growth platforms use the service to collect funds and send money to consumers. TabaPay says its network of more than 20 partner banks reaches roughly one-third of U.S. households.
Use of funds
Advance client service and integrated payments
Qualify TabaBank as card-network acquirer
Strengthen sponsorship capabilities
Accelerate product roadmap and merchant liquidity solutions
Pursue strategic acquisitions