Fundraising Fox

Touch and Pay Technologies Limited

YC W22

Lagos, NG · Founded 2019 · 55 employees · 4 known investors

Touch and Pay Technologies builds an NFC-based mobile payment platform for processing offline and online micro-transactions across Africa, targeting small businesses to large organizations for financial inclusion.

FintechImpact & Social GoodMobility & TransportationPaymentsNigeriaAfricaPartly Remote

Founders & leadership· Y Combinator alumni (W22)

Touch and Pay Technologies Limited was founded in 2019 by Olamide Afolabi, Michael Oluwole, and kabir Yabo.

OAOlamide Afolabi
Olamide AfolabiinCo-Founder and CEOOlamide Afolabi holds a Bachelor of Technology in Mechanical Engineering from Ladoke Akintola University of Technology and has technical expertise in machine learning algorithms and cybersecurity, with research interests spanning IoT, artificial intelligence, and robotics.
MOMichael Oluwole
Michael OluwoleinFounderMichael Oluwole has a background in mechanical engineering and has developed business process and project management expertise. He currently focuses on operationalizing business ideas through sustainable models at Touch and Pay Technologies Limited.
KYkabir Yabo
kabir YaboinFounder

Investors · 4

LoftyInc CapitalHouston
Unicorn Growth VenturesNew York · $500K – $2.5Mvia Barbara Iyayi · inferred
Y CombinatorSan Francisco · $500K
Outside VCreported$200K – $300Kvia Ethan Austin · inferred

In the news

YC-Backed Touch and Pay is changing how Lagosians commute with Cowry cardstechcabal.com · Mar 2024Nigerian tech startup, Touch and Pay, joins the W22 Y Combinator accelerator programme - Nairametricsnairametrics.com · Jan 2022Touch And Pay Joins W22 Y Combinator Accelerator Programme - Business News in Nigeriaunmaskng.com · Jan 2022How Touch and Pay (TAP) got 1.5 million Lagosians to adopt cashless bus ridestechpoint.africa · Jan 2022Cowry's 'tap to ride' contactless payment is making transit easier for Lagosians to commute during the pandemic — Features — The Guardian Nigeria News – Nigeria and World Newsguardian.ng · Oct 2021

Frequently asked questions

What does Touch and Pay Technologies Limited do?
Touch and Pay Technologies builds an NFC-based mobile payment platform for processing offline and online micro-transactions across Africa, targeting small businesses to large organizations for financial inclusion.
Who founded Touch and Pay Technologies Limited?
Touch and Pay Technologies Limited was founded by Olamide Afolabi, Michael Oluwole, kabir Yabo in 2019.
Who are Touch and Pay Technologies Limited's investors?
Touch and Pay Technologies Limited's investors include LoftyInc Capital, Unicorn Growth Ventures, Y Combinator, Outside VC.
Where is Touch and Pay Technologies Limited headquartered?
Touch and Pay Technologies Limited is headquartered in Lagos, NG.