Biptap, a rapidly expanding fintech firm focusing on offshore banking solutions with a strong emphasis on privacy, has recently secured $2 million in a pre-seed funding round. The funding round garnered the attention of notable investors, such as various web3 decentralized investment funds, a travel facilitator with an extensive network of 2.5 million hotels, an encryption tech firm that previously owned a MotoGP Racing team, and the former founder of a significant crypto investment fund. This funding represents a major achievement for Biptap as it strives to revolutionize the fintech industry with its distinctive emphasis on privacy and control.
Established in 2022 by Jonathan Low, a passionate advocate for web3 technology, Biptap is dedicated to empowering individuals by giving them control over their finances. The company is primarily dedicated to providing banking solutions that prioritize privacy and are accessible to all. Additionally, it fully embraces the principles of decentralization that are at the core of Web3 technologies.
Empowering Privacy in Financial Transactions
Biptap offers a banking solution that prioritizes privacy for both individuals and businesses. Users worldwide can now effortlessly manage their finances in a decentralized environment, aligning with Biptap’s strong belief in the importance of privacy as a basic human 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
Biptap’s recent $2 million funding will empower the company to expand its market presence, reach a wider audience, and improve its product offerings. This investment will help fund the creation of cutting-edge technologies that prioritize privacy and enable people from all around the world to access them. With a user base of 40,000 and a transaction volume of $15 million, Biptap is set to revolutionize financial management by seamlessly combining privacy and 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.”
Established in 2022, Biptap is a fintech company based in Dubai that provides cutting-edge offshore banking solutions, prioritizing privacy. Our company is dedicated to providing financial privacy to all, empowering individuals and businesses to have complete control and security over their funds. Biptap is dedicated to broadening its range of products and accessing untapped markets with solutions prioritizing privacy.
Media Contact Information
Penny Chou
Head of Marketing at Biptap
penny@biptap.com
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