Touch and Pay
OperatingTouch and Pay Technology Services Limited (TAP) is a Nigerian NFC powered payment and financial inclusion firm
- Financial Services
- Lagos, Nigeria
- Grant
- Founded 2017
- touchandpay.me ↗
- Total raised
- $3M
- disclosed
- Last round
- $50K
- Grant
- Rounds
- 5
- since 2017
- Investors
- 4
- on record
- Employees
- 11-50
Touch and Pay funding and investors
Touch and Pay has raised $3M across 5 disclosed rounds. The latest is a $50K Grant announced 28 Oct 2022, led by Ecobank Fintech Challenge.
- Lead investors
- 3
- Largest round
- $3M
- Average round
- $1.5M
- disclosed rounds
- Round cadence
- 5 mo
- average gap
- $3MSeedSeed, $3M, $3M raised to date
- $50KGrantGrant, $50K, $3M raised to date
SLA Funding Index · grey is capital raised before each round · 3 undisclosed rounds not drawn
Touch and Pay funding rounds5 · newest first
- Grant$50K
28 Oct 2022 · led by Ecobank Fintech Challenge
- Seed$3M
12 Sep 2022
- SeedUndisclosed
31 Jan 2022 · led by Y Combinator
- Non-equity AssistanceUndisclosed
11 Oct 2021 · led by Google
- Funding RoundUndisclosed
01 Jan 2021
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 28 Oct 2022 | Grant | Ecobank Fintech Challenge | $50K |
| 12 Sep 2022 | Seed | Investors not disclosed | $3M |
| 31 Jan 2022 | Seed | Y Combinator | Undisclosed |
| 11 Oct 2021 | Non-equity Assistance | Undisclosed | |
| 01 Jan 2021 | Funding Round | LoftyInc Capital Management | Undisclosed |
Investors in Touch and Pay4 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Lead | Non-equity Assistance | Oct 2021 | |
| Y CombinatorAccelerator | Lead | Seed | Jan 2022 |
| Ecobank Fintech ChallengePrivate Equity | Lead | Grant | Oct 2022 |
| LoftyInc Capital ManagementVenture Capital | Participant | Funding Round | Jan 2021 |
Frequently asked about Touch and Pay
- How much funding has Touch and Pay raised?
- Touch and Pay has raised $3.1M across 5 disclosed rounds. Its latest, a $50K Grant, was announced on Oct 28, 2022.
- Who has invested in Touch and Pay?
- Backers include Ecobank Fintech Challenge, Y Combinator, Google and LoftyInc Capital Management.
Profile updated Source: SLA Startup IndexHow we count →
