The sad tale of Finland-based mobile payment app: From $9 million to bankruptcy in 6 months

The sad tale of Finland-based mobile payment app: From $9 million to bankruptcy in 6 months

After a $9 million series A round in June, P2P mobile payment app Tapp Commerce had big plans to expand operations in Southeast Asia for users without a bank account or credit card. Now, the exuberance of June has now been replaced with an uncertain tomorrow as on December 2, the company officially went bankrupt. 

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