TAP.AQSE

Tap Global Group Plc
Tap Global Group Plc - Contract Win: Bitfinex
24th January 2023, 07:00
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24 January 2023

                             Tap Global Group Plc
                           ("Tap" or the "Company")

                                 Contract Win:

 Bitfinex Becomes First Customer For New Tap 'Cards as a Service' B2B Revenue
                                    Stream

Tap Global Group Plc (AQSE: TAP), the regulated crypto app bridging the gap
between traditional finance and blockchain technology, is pleased to announce
the launch of its CaaS 'Cards as a Service' B2B product (the "Product") with
leading global cryptocurrency exchange Bitfinex as the first client for this
new service.

The Company's new Product enables companies such as Bitfinex to offer their
customers a prepaid Mastercard to enhance their existing financial offering.
The card, which will be made available to all of Bitfinex's European users,
will be underpinned by Tap's existing infrastructure and regulatory approvals
and will allow Bitfinex account holders to convert their cryptocurrency assets
to Euro which they can send to their card to purchase from any of the 37
million worldwide merchants which accept Mastercard.

Tap's Product will carry the branding of clients, such as Bitfinex, but all
issuing, managing and settlement services will be provided by Tap. Tap will
charge for the Product on a per card, per month basis, providing its clients
with control, flexibility and transparency.

David Carr, Chief Executive Officer of Tap, commented:

"We are excited to add this B2B Product to Tap's offering and look forward to
supporting innovative businesses such as Bitfinex in providing their clients
with financial flexibility to seamlessly convert and spend cryptocurrency
assets without hindrance from the traditional banking system.

Bitfinex, one of the largest cryptocurrency exchanges in the world, is an ideal
partner for the external launch of this product, which was previously only
available to Tap's userbase.

Tap is not a simple 'buy crypto' app, focused solely on individual users. It is
our ambition to be one of the world's leading FinTech companies and this
product is an example of our significant and growing business-focused
offering."

The Directors of the Company accept responsibility for the contents of this
announcement.

Enquiries:

Tap Global Group Plc                           Via Vigo Consulting
David Carr, Chief Executive Officer

Peterhouse Capital Limited (AQSE Growth Market Tel: +44 (0)20 220 9795
Corporate Adviser)
Guy Miller / Narisha Ragoonanthun

Vigo Consulting (Investor Relations)           Tel: +44 (0)20 7390 0230
Ben Simons / Charlie Neish                     tapglobal@vigoconsulting.com

About Tap Global

Tap is a fully regulated and fully integrated crypto-fiat exchange service
provider with an associated neo banking platform.

Through a single regulated App, Tap's over 100,000 users can access several
major crypto exchanges and, utilising Tap's proprietary Artificial Intelligence
middleware, customers benefit from best-execution and pricing in real time.
Through the Tap card, users can also convert their crypto to spend at more than
37 millions merchant locations worldwide.

Founded in 2018, Tap is one of only a handful of unified solutions operators
fully regulated to provide distributed ledger technology services and was the
first crypto FinTech company approved by Mastercard in Europe.

Mastercard and e-money services are provided under licence held by Transact
Payments who are regulated in Gibraltar and Malta.  Tap is registered as an
agent of Transact Payments for the provision of these services.

For more information, visit www.tap.global/gb-en or our investor relations
website www.investor.tap.global.
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