Senegal fintech startup InTouch just announced a strategic investment round from CFAO. The financial solutions and digital services aggregator are yet to disclose the actual raise. CFAO made the joint investment alongside Mobility54. TotalEnergies and Worldline are existing partners who also confirmed their commitment to the company.
InTouch was founded by Omar Cissé to showcase over 230 digital services while accepting all forms of payment in the countries of operation. The services range from mobile banking, money transfer, agency banking, purchase of telephone credit, etc, while accepting all forms of payment from its Android application, API, or web interface. Speaking on the new funding round, Omar Cissé said that the joint investment will “make InTouch a major payments player in Africa.”
InTouch has a presence in West Africa, East Africa, South Africa, Central Africa, and looks to expand to five more countries by year’s end.
Nous sommes très fiers d'annoncer l'entrée au capital du Groupe CFAO avec un investissement conjoint de Mobility54. https://t.co/m4Re3v5yfG#fintech #fintechnews #fintechindustry #africantech #financenews#africanstartups #onlinepayments #africanbusiness pic.twitter.com/WrihkWTG7P
— Touch (@TouchbyInTouch) July 6, 2021