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January 24, 2023

Press Global Group Plc
(“Press” or the “Company”)

Contract win:

Bitfinex Becomes First Customer of New Cards-as-a-Service B2B Revenue Stream

Tap Global Group Plc (AQSE: TAP), the regulated crypto application that bridges the gap between traditional finance and blockchain technology, is pleased to announce the launch of its B2B CaaS product “Cards as service” (the “Product”) with world-leading cryptocurrency exchange Bitfinex as the first customer of this new service.

The company’s new product allows companies such as Bitfinex to offer their customers a prepaid Mastercard to enhance their existing financial offering. The card, which will be made available to all European Bitfinex users, will build on Tap’s existing infrastructure and regulatory approvals and will allow Bitfinex account holders to convert their cryptocurrency assets into Euros. they will be able to send to their card to buy from any of the 37 million merchants worldwide that accept Mastercard.

Tap’s product will be branded by customers, such as Bitfinex, but all issuance, management and settlement services will be provided by Tap. Tap will charge for the product per card per month, giving its customers control, flexibility and transparency.

David CarrCEO of Tap, said:

“We are excited to add this B2B product to Tap’s offering and look forward to supporting innovative companies such as Bitfinex by providing their customers with financial flexibility to seamlessly convert and spend cryptocurrency assets without hindrance of the traditional banking system.

Bitfinex, one of the largest cryptocurrency exchanges in the world, is an ideal partner for the external launch of this product, which was previously only available to Tap’s user base.

Tap is not a simple “buy crypto” app, focused only on individual users. Our ambition is to be one of the leading FinTech companies in the world and this product is an example of our large and growing business offering.

The Directors of the Company accept responsibility for the content of this announcement.

Requests:

Press Global Group Plc
David Carr, President and CEO

Via Vigo Consulting

Peterhouse Capital Limited (Advisor AQSE Growth Market Corporate)
Guy MillerNarisha Ragoonanthun

Tel: +44 (0)20 220 9795

Council Vigo (Investor Relations)
Ben Simons/Charlie Neish

Tel: +44 (0)20 7390 0230
tapglobal@vigoconsulting.com

About Tap Global

Tap is a fully regulated and fully integrated crypto-fiat exchange service provider with an associated neo-banking platform.

Through a single regulated application, Tap’s 100,000+ users can access multiple major crypto exchanges and, using Tap’s proprietary artificial intelligence middleware, clients benefit from the best execution and real-time prices. . Through the Tap Card, users can also convert their crypto to spend at over 37 million outlets globally.

Founded in 2018, Tap is one of the few fully regulated unified solution operators to provide distributed ledger technology services and was the first Mastercard-approved crypto FinTech company in Europe.

Mastercard and e-money services are provided under license held by Transact Payments, which is regulated in Gibraltar and Malta. Tap is registered as an agent of Transact Payments for the provision of these services.

For more information, visit www.tap.global/gb-en or our Investor Relations website www.investor.tap.global.



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