Torche
Lagos, Nigeria · Founded 2022 · $120K raised
- Headquarters
- Lagos
- Employees
- 1–10
- Founded
- 2022
- Business Model
- B2B2C
- Total Funding
- $120K
- Last Round
- $120K Seed
- Rounds
- 1
About
Torche is a Nigerian fintech that enables customers to make payments and other transactions with just their fingerprints through biometric POS terminals, without cards, passwords, or PINs. Founded by Sisan Dorsu after experiencing POS network failures in Nigeria, the company also developed face and palm biometric options so people with faded fingerprints or disabilities can still pay. Torche aims to reduce financial exclusion by tying payments directly to identity, integrate with banks so people can access existing accounts, and expand merchant acceptance across African economies.
Summary
Torche is a Fintech company based in Lagos, Nigeria, founded in 2022. It has raised $120K in total across 1 round. Investors include Techstars.
Funding History
Unknown
Investors
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