We're raising our seed round

One Tap is raising its seed round.

We've spent the past three months building and validating the core product. End-to-end testing is complete: a virtual Mastercard can be issued, a payment can be processed at a Square terminal, and a fully itemised ATO-compliant tax invoice lands in the consumer's feed in real time. The loop works.

Now we need to scale it.

What the raise is for

The seed round will fund three things:

*Merchant onboarding.* The invoice pipeline is built. What we need now is merchants connected to it. That means completing our Square integration for production, starting conversations with Tyro and Ingenico, and building the merchant onboarding experience that makes integration straightforward.

*Team.* Right now this is a small founding team doing everything. The seed round lets us bring in the people needed to move faster — engineering, partnerships, and compliance.

*Consumer launch.* We're in waitlist mode. The raise funds the KYC, card issuance, and infrastructure costs of opening up to our first real consumers.

The market

Australian businesses collectively spend enormous amounts of time on expense administration — collecting receipts, matching them to transactions, preparing for BAS lodgement. The problem isn't awareness: every business owner knows this pain. The problem is that no existing product has solved it at the payment layer.

Expense management tools like Xero and QuickBooks help you organise receipts after the fact. They don't prevent the receipt problem. One Tap is different: the invoice is generated at the point of payment, automatically, with no action required from the consumer or the merchant's customer-facing staff.

Why now

The technology that makes One Tap possible — virtual card issuance APIs, POS terminal webhooks, real-time payment infrastructure, digital identity verification — has reached the point where a small team can build a production-quality product quickly. We've proven that.

The regulatory environment is also moving in our direction. The ATO's push toward digital record-keeping, open banking reforms, and the broader modernisation of Australian financial infrastructure all create tailwinds for what we're building.

If you're interested

We're talking to angels and early-stage funds who understand fintech infrastructure and the Australian market. If that's you, we'd love to show you the product.

Get in touch via our contact page or reach out directly. The demo speaks for itself.