Undisclosed · Other round · Fintech · Blackpool, UK
Blackpool-based payments company Tap & Go has secured an undisclosed strategic investment from Cashflows, deepening a commercial relationship between the two UK fintechs. EU-Startups reported the investment on 14 August, saying the capital will support product expansion, hiring, brand development and entry into more customer verticals.
Tap & Go was founded in 2022 by Anna McDonald and Nichola Eagle within International Connections Group and recently spun out as an independent business. The company supplies card terminals and business cash advances to merchants. Cashflows began providing the acquiring infrastructure and transaction settlement behind Tap & Go's card machines in 2025; the investment turns that supplier relationship into a closer strategic alignment.
A broader payments offer built on shared infrastructure
The immediate product plan extends Tap & Go beyond in-person card acceptance into ecommerce, virtual payments and multi-site solutions. That matters for merchants operating across stores, websites and phone orders: a broader service can reduce the number of providers they need to manage while keeping settlement and payment data connected across channels.
Tap & Go currently says it processes more than £550m annually and has more than 450 five-star reviews. Those are company claims, but they indicate an existing merchant base on which to introduce additional services. The expansion plan targets universities, stadiums, dentistry, hotels, builders' merchants and the motor trade, each with different checkout, reconciliation and support requirements.
The strategic logic runs in both directions. Tap & Go gains capital plus access to Cashflows' acquiring experience and payment infrastructure; Cashflows gains a closer route to the merchants using that infrastructure. Cashflows offers in-person processing, a payment gateway, virtual terminals and omnichannel services, so the product categories Tap & Go wants to add already sit within its investor-partner's operating stack.
Distribution is the execution test
The opportunity is to turn a regional merchant-services relationship into a broader payments platform without losing the support model that Tap & Go uses to compete with larger providers. Selling more products to existing merchants can improve distribution efficiency, but multi-site and online payments also bring more integration, fraud and service complexity than deploying a standalone terminal.
The investment therefore backs execution rather than a new technical category. Tap & Go must package Cashflows' infrastructure into offers that work across distinct industries, while Cashflows must keep settlement and support dependable as the merchant mix broadens. If that partnership works, the two companies can share infrastructure economics while Tap & Go retains a customer-facing brand and specialised route to market.
Sources checked:
EU-Startups · Tap & Go · Cashflows · Tech.eu Funding Explorer
Date note: 14 August 2026 is the earliest reliable public report of the investment that EUVC could verify.
