Two female-led UK FinTechs join forces as Cashflows invests in Blackpool’s Tap & Go

Cashflows, a London-based FinTech payments company that makes it easy for businesses to accept payment, has invested in Tap & Go, a Blackpool-based startup specialising in card payment technologies and merchant services.

The investment amount was not disclosed. Tap & Go plans to deploy this capital toward its continued growth, enabling customers to benefit from an expanded product base across a growing number of verticals, while the companies continue to develop their commercial partnership.

Anna McDonald, Managing Director at Tap & Go, said, “We are building a brand and proposition that means customers come to Tap & Go because they know we can support them wherever their growth takes them. We are very proud to be a challenger in our own space and working with Cashflows, itself a challenger acquirer, bringing a shared level of tenacity, ambition and drive. There’s something particularly powerful about two female-led businesses coming together with that mindset, as together, we can be ambitious about what we build and deliver for our customers.”

Tap & Go was founded in 2022 by Anna McDonald and Nichola Eagle as part of the International Connections Group (ICG). It recently spun out of ICG. The company specialises in providing card payment machines and business cash advances designed to support businesses of all sizes.

Founded in 2010 and led by CEO Hannah Fitzsimons, Cashflows makes it easy for growing businesses and financial institutions to accept card and digital payments. Through its own acquiring platform and gateway, the company states that it provides a secure ecosystem for processing payments right across Europe.

This investment brings together two female-led payments businesses, with Fitzsimons joining forces with McDonald and Eagle. The partnership between the two companies was initiated in 2025, with Cashflows providing the infrastructure and transaction settlement services for card machines deployed by Tap & Go.

This has since evolved, with the investment enabling Tap & Go to focus on growth activity and broaden the solutions it provides to customers, expanding beyond card payments into e-commerce, virtual payments and multi-site solutions.

Tap & Go will also use this capital to invest in its people, build greater brand awareness, and strengthen its market reputation to attract new customers organically. It will also expand into new verticals, including universities, stadiums, dentistry, hotels, builders’ merchants, and the motor sector, while leveraging the expertise and experience of Cashflows and its team.

According to Cashflows, the investment creates opportunities to work more closely with Tap & Go and its product suite, while unlocking new growth areas by bringing the strengths of both businesses together. It also signals Cashflow’s wider growth strategy, with further strategic investment opportunities being explored.

Hannah Fitzsimons said, “While the relationship may have started as a commercial partnership, this is not simply a financial investment – we believe in what Tap & Go are building and the energy from the team is palpable. This is a real opportunity to combine their drive and customer focus with our experience and expertise to accelerate the next stage of growth for Tap & Go.”