HiveUp
September 8, 2023

TANGGapp: Making Waves in Remittance for OFW raises $2.5M seed

The TANGGapp story begins in 2021, when Rebecca Kersch, a Filipino of Dutch and American descent, launched this innovative endeavor
Sofia Mercado
Digital Copywriter

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TANGGapp - The name stands for Tap and Go Global App, but it also embraces its roots in the Filipino word tanggap, which means "receive."


The Genesis Story:

The TANGGapp story begins in 2021, when Rebecca Kersch, a Filipino of Dutch and American descent, launched this innovative endeavor. Her inspiration? To make remittance cheaper and more accessible for Overseas Filipino Workers (OFWs) like her aunt, who tirelessly sends money back home.


As we know, OFWs are often called "modern-day heroes" for their sacrifices, enduring life far from their families while striving hard to support them. In 2021, nearly 2 million of these heroes were making a difference, according to the Philippine Statistics Authority.


TANGGapp recently secured $2.5 million in seed funding from investors, including Goodwater Capital, Foxmont Capital Partners, and Manila Angel Investors Network. This funding is a testament to the company's commitment to simplifying remittance.

Image taken from TANGGapp website.


The Visionary Behind It All

Rebecca Kersch, the CEO of TANGGapp, is not your typical leader. She envisions remittance as easy as sending a text, regardless of geography or income. With her unique qualities and unwavering determination, she leads the charge to simplify remittance and create a global impact.


Disrupting the Norms: Simplifying Remittance

TANGGapp has disrupted traditional norms by offering quick and affordable money transfers from the US to the Philippines, breaking barriers that often hinder OFWs. The company believes sending money should be a breeze, and it's making that vision a reality.


A Peek Inside the Hive

Behind the scenes, the TANGGapp team operates like busy bees, working tirelessly to simplify remittance. Their vibrant culture and unwavering commitment contribute to the company's remarkable success.


Anticipated Buzz: What Lies Ahead

TANGGapp's success story continues. The company has exciting plans, including expanding its services to those sending money from the Philippines to the US and supporting even more countries. The buzz surrounding TANGGapp is bound to get louder.


TANGGapp exemplifies innovation with a heart. It's transforming the lives of modern-day heroes and making remittance simpler than ever. We applaud Rebecca Kersch and her dedicated team for their remarkable journey and eagerly anticipate their future endeavors.


Thank you for joining us on this inspiring adventure, and stay tuned for more tales of innovation in our upcoming newsletters.

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