# Touch and Pay Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/touch-and-pay-technologies

- Industry: Financial Services
- Headquarters: Lagos, Nigeria
- Website: https://touchandpay.me/
- Latest round: Seed (Jul 9, 2021)
- Investors on record: 1

## About

Based in Lagos, Nigeria, and founded in 2017 by Olamide Afolabi, Michael Oluwole, and Kabir Yabo, Touch and Pay Technologies Limited, aka, TAP, is a fintech company that provides NFC (Near Field Communication) technology to enable cashless payments throughout Africa. In July 2021, Touch and Pay Technologies Limited raised seed funding from new investor LoftyInc Capital Management. The firm serves customers in sectors such as health, identity management, transportation, events and entertainment, education, and agency services.

The company digitizes microtransactions and offers NFC-enabled technology to improve transparency, accountability, and profitability in mobile payments and services. The company also incorporates digital technology services to aid in the communication of ideas, products, services, and information via end-to-end business solutions ranging from concept, prototyping, production, quality assurance, product launches, and maintenance. The firm provides TAP automation solution by enabling reliability in the informal cashless transactions, thus enabling smaller organizations to meet their revenue targets.

## Funding rounds

- Seed, Jul 9, 2021 — LoftyInc Capital Management

## Investors

- LoftyInc Capital Management (https://capitalatlas.ai/funds/loftyinc-capital-management) — Seed