About Tingtel
Tingtel is a company based in Lagos (Nigeria) founded in 2012.. Tingtel offers products and services including Buy Airtime, Transfer Airtime, Convert Airtime to Cash, Airtime to Mobile Money, and Pay Bills with Airtime. Tingtel operates in a competitive market with competitors including Recharge.com, NowNow, Bankly, Aimtoget and Powerlight, among others.
- Headquarter Lagos, Nigeria
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Tingtel Pay Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Products & Services of Tingtel
Tingtel offers a comprehensive portfolio of products and services, including Buy Airtime, Transfer Airtime, Convert Airtime to Cash, Airtime to Mobile Money, and Pay Bills with Airtime. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for purchasing mobile airtime with discounts.
Tool to send airtime across networks seamlessly.
Feature to exchange airtime for bank credits instantly.
Option to convert airtime into mobile money wallets securely.
System for using airtime to settle utility and TV bills.
Funding Insights of Tingtel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Tingtel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tingtel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tingtel Comparisons
Competitors of Tingtel
Tingtel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Recharge.com, NowNow, Bankly, Aimtoget and Powerlight, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
Online utility bill payment platform for individuals
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| domain | founded_year | HQ Location |
Mobile-based wallet for businesses and individuals
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| domain | founded_year | HQ Location |
Cash digitization solutions for payments
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| domain | founded_year | HQ Location |
Offers a mobile app for seamless utility bill payments.
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| domain | founded_year | HQ Location |
An app-based platform for seamless electricity bill payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Tingtel
When was Tingtel founded?
Tingtel was founded in 2012.
Where is Tingtel located?
Tingtel is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Tingtel do?
Tingtel was founded in 2012 in Lagos, Nigeria, as an app-based platform in the mobile financial services sector. Airtime transactions are enabled through an Android application, where users can swap, sell, buy, gift, or transfer credits to other Tingtel users or linked bank accounts. Operations focus on facilitating these peer-to-peer and financial transfers within the Nigerian market.
Who are the top competitors of Tingtel?
Tingtel's top competitors include Recharge.com, Bankly and NowNow.
What products or services does Tingtel offer?
Tingtel offers Buy Airtime, Transfer Airtime, Convert Airtime to Cash, Airtime to Mobile Money, and Pay Bills with Airtime.
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