About Touch and Pay Technologies
Touch and Pay Technologies is a company based in Lagos (Nigeria) founded in 2017. Touch and Pay Technologies has raised $3.12 million across 4 funding rounds from investors including EcoFintech, Tekedia and Y Combinator. Touch and Pay Technologies operates in a competitive market with competitors including Dejamobile, SensePass, Swiipr, ViVOtech and Tigapo, among others.
- Headquarter Lagos, Nigeria
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.12 M (USD)
in 4 rounds
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Latest Funding Round
$50 K (USD), Grant
Oct 28, 2022
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Investors
EcoFintech
& 2 more
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Employee Count
Not available
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People of Touch and Pay Technologies
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Funding Insights of Touch and Pay Technologies
Touch and Pay Technologies has successfully raised a total of $3.12M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $50 thousand completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Touch and Pay Technologies
Touch and Pay Technologies has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include EcoFintech, Tekedia and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
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A fintech initiative by Ecobank Transnational Inc. is developed.
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Early-stage startups are accelerated via funding and educational programs.
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Provides online business courses, investment opportunities, and personalized consultations globally.
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Investor details for Touch and Pay Technologies
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Investments & Acquisitions by Touch and Pay Technologies
Investment portfolio details for Touch and Pay Technologies
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Financial Statements - Touch and Pay Technologies
Detailed financials for Touch and Pay Technologies
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Touch And Pay Technologies Comparisons
Peer comparison for Touch and Pay Technologies
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Competitors of Touch and Pay Technologies
Touch and Pay Technologies 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 Dejamobile, SensePass, Swiipr, ViVOtech and Tigapo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of white-label mobile payment and ticketing solutions
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Customer engagement platform connects mobile devices to physical business assets.
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Contactless payment solutions for businesses
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NFC-enabled contactless payment solutions are provided for businesses.
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IoT system for coin-operated machines is provided by Tigapo.
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Detailed competitors of Touch and Pay Technologies
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Latest news on Touch And Pay Technologies
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Frequently Asked Questions about Touch and Pay Technologies
Touch and Pay Technologies was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Touch and Pay Technologies is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Touch and Pay Technologies is a funded company, having raised a total of $3.12M across 4 funding rounds to date.
Touch and Pay Technologies was founded in 2017 in Lagos, Nigeria. Operations focus on the fintech sector, where NFC-enabled contactless payment cards are supplied to consumers and businesses. Offline cashless transactions are facilitated through NFC devices and tap automation. A revenue assurance platform is utilized to register, collect, and track customer payments. Services extend to industries such as healthcare, identity management, events, entertainment, transportation, education, and additional verticals.
Touch and Pay Technologies's top competitors include Swiipr, Tigapo and Dejamobile.
Touch and Pay Technologies has 3 investors. Key investors include EcoFintech, Tekedia, and Y Combinator.