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Touch and Pay Technologies Limited
AddedMar 20, 2024
UpdatedJun 18, 2026
Touch and Pay Technologies Limited

Touch and Pay Technologies Limited

TouchandPay: Simplifying Africa's microtransactions with NFC technology for seamless payments and services.

HQ
Lagos, Lagos, NG
Founded
2019
Accelerator
Y Combinator logoY CombinatorW22
Overview
Compare
Fundraising
Employees
Website

Touch and Pay Technologies Limited, founded with a mission to digitize and streamline microtransactions in Africa, focuses on providing seamless payment solutions through NFC technology. Their core vision is to enhance transparency, accountability, and profitability in Africa's informal sector. The company offers a range of services that facilitate cashless transactions for bus rides, health services, identity management, and events, impacting over 300,000 users.

Notable figures associated with Touch and Pay include key investors and industry experts who support its innovative approach to solving social payment issues. The company has achieved significant milestones, including partnerships with various sectors and a growing user base. Touch and Pay's impact is evident in its ability to simplify daily transactions for Africans, promoting financial inclusion and efficiency in the region.

Touch and Pay Technologies Limited - Quick Facts

When was Touch and Pay Technologies Limited founded?

Touch and Pay Technologies Limited was founded in 2019.

Where is Touch and Pay Technologies Limited's headquarters located?

Touch and Pay Technologies Limited's headquarters is located in Lagos, Lagos, NG.

When was Touch and Pay Technologies Limited's last funding round?

Touch and Pay Technologies Limited's most recent funding round was for $50k (USD) in October 2022.

How much has Touch and Pay Technologies Limited raised to-date?

As of Oct 28, 2022, Touch and Pay Technologies Limited has raised a total of $5M (USD).

How many employees does Touch and Pay Technologies Limited have?

Touch and Pay Technologies Limited has 66 employees as of Feb 24, 2024.

Touch and Pay Technologies Limited - Classification

Ownership
  • Private
Technology
  • NFC
Geographic Exposure
  • Africa
Model
  • Platform
Revenue
  • Software
  • Transactional
Customer
  • Consumers
Main Product
  • NFC
  • Payment
Tags
  • Fintech
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice