Tekedia Capital is very excited to congratulate our portfolio company for winning Nigeria’s Best Tech Company of 2023. TAP (Touch and Pay Technologies Ltd (YC W22)) powers Lagos State Cowry card and is regarded as one of the most critical companies in the micropayment space in Africa. No other company in Africa does what it does. It is a pioneer and the category-king, enabling the digitization of $1, $2, and broad micropayments. With TAP, revenue assurance becomes possible because all leaks are closed to the last kobo & naira, cedi, etc.
Besides Lagos, it anchors Kano, Sierra Leone, and other critical markets across Africa. I met TAP when it was processing less than $10,000 per month, and with less than 100 customers. Today, within less than 3 years, it processes $millions for close to 3.5 million customers.
The destination remains the big bell. Well done Team for executing the playbook, and making Tekedia Capital Syndicate members happy. To learn about TAP, go here; to join Tekedia Capital syndicate, visit here.
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