Touch and Pay Technologies Limited

Touch and Pay Technologies Limited YC Application

Winter 2022Active

Touch and Pay Technologies Limited went through Y Combinator in the Winter 2022 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Winter 2022
Industry
FintechPayments
Team size
55
Status
Active
Launched
2022

Founders

  • Olamide Afolabi
    Olamide AfolabiFounder
  • Michael Oluwole
    Michael OluwoleFounder
  • kabir Yabo
    kabir YaboFounder

What Touch and Pay Technologies Limited does

We process cash-based microtransactions across Africa's informal sector, an example of microtransaction is payment for bus rides today we help over 300k people make this payment.

Touch and Pay Technologies Limited's YC application, reconstructed

Y Combinator application

Touch and Pay Technologies Limited, Winter 2022 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Touch and Pay Technologies Limited

Describe what your company does in 50 characters or less.

Digitizing and processing microtransactions in Africa

What is your company going to make? Please describe your product and what it does or will do.

We built a digital platform that processes cash-based microtransactions across Africa's informal sector. Our product makes it simple for people who pay for everyday things like bus rides to use digital payments through mobile and agent networks. Right now, we help over 300,000 users complete these small payments efficiently and reliably.

Where do you live now, and where would the company be based after YC?

We live and work in Lagos, Nigeria, and the company is based here. After YC, we will continue to be based in Lagos to stay close to our users and market.

Explain your decision regarding location.

Lagos is where the informal economy we serve is concentrated. Our team and users are here, so it's the natural place to build and scale our product.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Touch and Pay Technologies Limited YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Touch and Pay Technologies Limited's public data (launch notes, founder backgrounds, product description). It shows how a company like Touch and Pay Technologies Limited would present itself to YC, not the text they submitted.

What YC batch was Touch and Pay Technologies Limited in?

Touch and Pay Technologies Limited was part of the Y Combinator Winter 2022 batch.

Who founded Touch and Pay Technologies Limited?

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

What does Touch and Pay Technologies Limited do?

Digitizing and processing Microtransactions in Africa

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Touch and Pay Technologies Limited's application, and every other YC batch, is in YC Insights.

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