Trustap, a digital transaction platform based in Ireland, has successfully raised $5.5 million in a Series A funding round led by TX Ventures. The new funding will enable Trustap to expand its go-to-market (GTM) strategy, build on recent partnerships, and introduce new product features. Trustap operates a secure, escrow-style payment app, leveraging Stripe’s payment technology to ensure trusted transactions for marketplaces. The company plans to enhance its presence in various geographies and industries, with a customer base spanning over 135 countries, including recognized platforms such as Mudah, Preloved, and Student Seats. Additionally, Trustap has named Ovidiu Solomonov, former COO of European markets at Adevinta, as chairman of its board.

Financial Technology (FinTech), E-commerce,Ireland, Europe, United States, Asia

https://aimgroup.com/2024/07/09/digital-transaction-platform-trustap-nets-5-5m-series-a/