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Tabapay

“Can a multi-bank, multi-network instant payments infrastructure become the default routing and settlement layer for fintechs and financial institutions in the US?”

Founded2017
HQMountain View, CA
Total raisedundisclosed
Latest roundundisclosed (SoftBank-backed, 2022)
IndustryInfrastructure / Payments
The story

Founded in 2017, TabaPay built a unified instant payments API for fintechs and financial institutions, specializing in push-to-card (Visa Direct, Mastercard Send), ACH, RTP, and FedNow. The company differentiated by aggregating 20+ sponsor/partner banks and 14+ payment networks under one API, enabling smart routing and redundancy. In 2024, TabaPay briefly attempted to acquire the assets of bankrupt BaaS provider Synapse but ultimately withdrew after partner bank disputes disrupted the deal — signaling TabaPay's growing ambitions in BaaS infrastructure while also its pragmatism about execution risk.

Last 12 months
2024-04
2024-05
2026-02
Product timeline
2017
TabaPay founded in Mountain View as an instant money movement platform serving fintechs and financial institutions.· pivot
2022
SoftBank invested in TabaPay in a round of undisclosed size.· banking
2024
TabaPay announced intent to acquire bankrupt BaaS startup Synapse's assets, then withdrew from the deal amid partner bank disputes involving Evolve Bank & Trust and Mercury.· acquisition
The stack
5 layers disclosed in Tabapay’s embedded-finance stack
Payments / PSP
TabaPay (self-operated)
Banking / BaaS
in the full report
Lending
in the full report
Open banking
in the full report
FX & payouts
in the full report
Accounting gap: none
6 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.