Tumatap

Tumatap

A Better Way to Get Paid.

HQ location
New York City, United States
Launch date
Employees
Enterprise value
$2—3m
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DateInvestorsAmountRound
-investor

€0.0

round
*

$500k

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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More about Tumatap
Made with AI
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Tumatap is an innovative startup that transforms any NFC-compatible Android device into a payment terminal. This company operates in the financial technology (fintech) market, primarily serving small to medium-sized businesses (SMBs) that seek cost-effective, environmentally friendly payment solutions. Tumatap's software-only approach eliminates the need for additional hardware, reducing both costs and environmental impact compared to traditional point-of-sale (POS) systems.

The business model of Tumatap is straightforward and customer-friendly. It charges no hidden fees or service subscription costs, and clients only pay for successful transactions. This makes it an attractive option for businesses looking to minimize overhead expenses. The platform is fully compliant with PCI DSS regulations, ensuring secure transactions and peace of mind for users.

Tumatap offers a comprehensive suite of features, including real-time payment history tracking, performance metrics, and analytics. These tools provide businesses with valuable insights to optimize their operations. The platform supports various payment methods, including bank cards, digital wallets, and wearable devices, making it versatile and adaptable to modern payment trends.

In summary, Tumatap provides a simple, cost-effective, and eco-friendly payment solution for SMBs, leveraging existing Android devices to streamline transactions and reduce costs. Its transparent pricing model and robust feature set make it a compelling choice in the competitive fintech landscape.

Keywords: NFC payments, Android devices, fintech, SMBs, cost-effective, eco-friendly, real-time analytics, PCI DSS compliant, digital wallets, wearable payments.

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