Tap Global Posts Small H1 Loss as It Expands Fiat–Crypto Platform and B2B Push

Quetzal Capital PLC ( (GB:TAP) ) just unveiled an update.

Tap Global Group PLC, an AIM-quoted digital finance hub, reported broadly stable first-half revenues of £1.67 million for the six months to 31 December 2025, down 6.9% year-on-year amid softer crypto markets. The company maintained gross margins above 75% but swung to an EBITDA loss of £0.15 million and a pre-tax loss of £0.5 million as operating costs rose, while cash balances declined to £433,000.

Operationally, Tap Global advanced its strategy to act as a regulated bridge between fiat and digital assets, integrating open banking via tell.money and partnering with Moorwand to provide dedicated GBP and EUR IBAN accounts and enhanced payments infrastructure. It relaunched its corporate customer programme, added more than 25 business clients, and rolled out a Bitcoin Treasury as a Service offering that secured a first institutional client, moves that support a shift toward higher-margin B2B services and lay foundations for long-term, more diversified growth.

More about Quetzal Capital PLC

Tap Global Group PLC is a digital finance platform that bridges traditional fiat payments and blockchain-based services through a single app. It serves more than 400,000 individual and business customers with integrated fiat accounts, card payments and access to over 70 cryptocurrencies across 40+ countries, and operates under European regulatory frameworks including Gibraltar and Bulgarian licences.

Average Trading Volume: 1,749,821

Technical Sentiment Signal: Strong Buy

Current Market Cap: £323.3K

For an in-depth examination of TAP stock, go to TipRanks’ Overview page.