Tap Earn Now Live in UK

Tap Global

14/05/2026 10:00

RNS Number : 3482E

Tap Global Group PLC

14 May 2026

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK MARKET ABUSE REGULATIONS. UPON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS DEEMED TO BE IN THE PUBLIC DOMAIN.

14 May 2026

 

Tap Global Group plc

("Tap", the "Company" or the "Group")

 Tap Earn Now Live in UK

 

Yield product offering customers up to 7.0% on supported stablecoins now available in all Tap markets including for UK customers

Tap Global Group plc (AIM: TAP), an innovative digital finance hub that brings money payments and crypto settlement services together in a single user-friendly app, is pleased to announce that Tap Earn - the Group's yield product offering customers competitive variable yields on eligible cryptocurrency and stablecoin holdings - is now available to eligible customers in the United Kingdom, following completion of the relevant final approvals.

As announced on 7 May 2026, Tap Earn offers variable customer-facing yields of up to 7.0% on supported stablecoins, up to 3.5% on Ethereum and up to 2.5% on Bitcoin, with flex-only withdrawals (no lockups, no notice periods and no early-withdrawal penalties), fully integrated within the existing Tap mobile application. With today's availability in the United Kingdom, Tap Earn is now live across all the Group's markets.

A separate trading update covering early-access performance metrics for Tap Earn (including customers, assets under management and annualised revenue run-rate to the Group) is expected to follow in due course, as previously indicated.

Arsen Torosian, Chief Executive Officer of Tap, commented:

"The UK is a cornerstone market for Tap, and today we are proud to bring Tap Earn to our UK customers. With Tap Earn now live across all our markets, we're focused on scaling the product across existing customers as a new revenue stream for the Company."

Important Risk Information

Tap Earn is a high-risk product for customers and creates specific financial, operational and reputational risks for the Group itself. Customer-facing yields are variable, are not guaranteed and may at any time be reduced (including to zero). Digital asset prices can fall significantly and a customer's overall position may lose value notwithstanding any yield received. Tap Earn is not a bank deposit and is not protected by the Financial Services Compensation Scheme ("FSCS") or any equivalent deposit guarantee scheme in any jurisdiction in which it is offered. Customers may lose some or all of their holdings. Access to funds may be restricted in periods of market stress under the Group's pre-defined operational liquidity framework, with withdrawals potentially queued on a rules-based basis.

The full risk disclosures applicable to Tap Earn - including spread compression and yield-environment risk, counterparty default risk, liquidity and withdrawal-stress risk, operational and technology risk, regulatory and enforcement risk, reputational and franchise risk, concentration risk, and litigation and customer-claim risk - are set out in the Group's announcement of 7 May 2026 and should be read together with the risk factors in the Group's most recent annual report and interim results.

This announcement and the product information referred to herein do not constitute financial advice or a personal recommendation. Customers should consider their own circumstances and, where appropriate, seek independent advice before depositing.

 

Enquiries:

Tap Global Group plc
Arsen Torosian, Chief Executive Officer
via Vigo Consulting
SPARK Advisory Partners Limited (AIM Nominated Adviser)
Andrew Emmott / Angus Campbell
+44 (0)20 3368 3555
Cavendish Capital Markets(Joint Broker)
Adrian Hadden / George Lawson (Corporate Finance)
Dale Bellis / Jason Trill (Sales & Corporate Broking)
+44 (0)20 7220 0500
AlbR Capital(Joint Broker)
Gavin Burnell / Jon Belliss / Colin Rowbury
+44 (0)20 7469 0930
Vigo Consulting (Investor Relations)
Ben Simons / Amelia Thorn / Georgina Moul
+44 (0)20 7390 0230
tapglobal@vigoconsulting.com

 

Investor website:  investor.tap.global

 

About Tap Global Group plc

Tap Global Group plc bridges the gap between traditional finance and blockchain technology. It offers over 400,000 registered individual and business customers an innovative and fully integrated fiat payments and cryptocurrency settlement service including access to several major cryptocurrency exchanges. Through the Tap app, customers can trade over 70 cryptocurrencies and store them directly in their customer wallet, while benefiting from proprietary AI middleware for real-time best-execution and pricing.

Tap Group's European business, Tap Global Limited, was the first cryptocurrency FinTech company to be approved by Mastercard in Europe. Through the Tap card, European users can convert their cryptocurrencies to fiat and spend at more than 37 million merchant locations worldwide.

Tap Group's operating subsidiaries

Tap Global Limited serves the European customer base and is registered in Gibraltar and licensed and regulated by the Gibraltar Financial Services Commission under the DLT with licence No. 25532.

Tap's Bulgarian subsidiary has been granted a VASP registration by the National Revenue Agency of Bulgaria in order to qualify for the EU MiCA regulations grandfathering provisions.

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/tapglobal/ |  X: https://x.com/TapGlobalPlc

Forward-Looking Statements

This announcement contains forward-looking statements, including (without limitation) statements regarding the launch and availability of Tap Earn in the United Kingdom, the expected publication of a trading update containing early-access performance metrics, the Group's ability to scale the Tap Earn product across its customer base, and the Group's broader strategic framework. Forward-looking statements are subject to known and unknown risks and uncertainties (including those described under "Important Risk Information" above and in the Group's announcement of 7 May 2026), and actual outcomes may differ materially from those expressed or implied. Forward-looking statements speak only as at the date of this announcement and the Company undertakes no obligation to update them, save as required by applicable law or regulation. Nothing in this announcement should be construed as a profit forecast.

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