Touch and Pay (TAP)
Powering micro-transactions and contactless transit payments in Africa.
What it does
Touch and Pay (TAP) is a fintech startup leveraging Near Field Communication (NFC) to digitize offline micro-transactions across Africa. Best known as the creators of the 'Cowry Card' system powering Lagos public transit (BRT), TAP joined Y Combinator's W22 batch and processes millions of daily transit and retail payments.
Contactless Transit PaymentsNFC Micro-transactions
Known for
- Cowry Card for Lagos BRT
- Offline NFC payment processing
Model & industry
B2B2CTransportationRetail & Commerce
Funding history
$3.0M
Total raised
1
Rounds
Seed
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-09 | Seed | $3.0M | — |
Source: Condia Funding Tracker
Products & subsidiaries
Cowry Card · NFC SmartcardCowry · product
In the News
- 2022-01-21 · Nigerian tech startup, Touch and Pay, joins the W22 Y Combinator accelerator programme · Nairametrics