Biptap is Set to Disrupt the Financial Industry After 2 Million Funding

Biptap,
one
of
the
fastest-growing
fintech
companies,
specializing
in
privacy-centric
offshore
banking
solutions,
today
announced
it
has
raised
$2
million
in
a
pre-seed
funding
round.
The
round
attracted
prominent
investors,
including
multiple
web3
decentralized
investment
funds,
a
travel
facilitator
with
a
2.5
million
hotel
network,
an
encryption
tech
firm
formerly
owning
a
MotoGP
Racing
team,
and
the
ex-founder
of
a
major
crypto
investment
fund.
This
funding
marks
a
significant
milestone
for
Biptap
as
it
aims
to
transform
the
financial
landscape
with
its
unique
approach
to
privacy
and
control.

Founded
in
2022
by
web3
advocate
Jonathan
Low,
Biptap’s
mission
is
to
return
financial
power
to
the
people.
While
the
company’s
primary
focus
is
on
delivering
privacy-first
banking
solutions
accessible
to
everyone,
it
also
embraces
the
principles
of
decentralization
inherent
in
Web3
technologies.

Empowering
Privacy
in
Financial
Transactions

Biptap’s
flagship
offering
is
a
privacy-first
banking
solution
for
individuals
and
businesses.
It
enables
users
globally
to
manage
their
finances
in
a
decentralized
environment,
reflecting
Biptap’s
belief
that
privacy
should
be
a
fundamental
right.

“Our
mission
is
to
ensure
that
financial
privacy
is
not
just
a
privilege
but
a
right
for
everyone.
The
recent
charges
brought
against
Pavel
Durov,
founder
of
Telegram,
underscore
the
critical
need
for
advocates
to
stand
up
for
privacy
rights,”
said
Jonathan
Low,
CEO
and
Founder
of
Biptap.
“This
investment
will
help
us
enhance
our
product
and
expand
our
reach
beyond
the
Web3
space,
ensuring
that
all
users
can
control
their
financial
transactions
with
privacy
at
the
core.”

Strategic
Growth
and
Product
Development

The
recent
$2
million
funding
will
enable
Biptap
to
broaden
its
market
presence,
extend
its
reach,
and
enhance
its
product
offerings.
This
investment
will
support
the
development
of
new
technologies
that
emphasize
privacy
and
global
accessibility.
With
a
current
user
base
of
40,000
and
a
transaction
volume
of
$15
million,
Biptap
is
poised
to
transform
financial
management
by
integrating
privacy
with
universal
accessibility.

“Looking
forward,
we
aim
to
build
a
comprehensive
suite
of
products
that
empower
users
to
regain
control
over
their
financial
privacy,”
added
Jonathan
Low.
“We’re
excited
about
the
potential
to
make
a
meaningful
impact
in
the
fintech
space
and
provide
solutions
that
align
with
the
core
principles
of
privacy
and
decentralization.”

Founded
in
2022,
Biptap
is
a
Dubai-based
fintech
company
offering
innovative
offshore
banking
solutions
with
a
focus
on
privacy.
The
company’s
mission
is
to
make
financial
privacy
accessible
to
everyone,
ensuring
that
individuals
and
businesses
can
manage
their
funds
with
full
control
and
security.
Biptap
is
committed
to
expanding
its
offerings
and
reaching
new
markets
with
its
privacy-centric
solutions.

Media
Kit

https://drive.google.com/drive/folders/168hvDZGDeAovc_2wpWe8zSKLfzePeVoo?usp=sharing 

Media
Contact
Information
Penny
Chou

Head
of
Marketing
at
Biptap

[email protected]