Touchcorp
Touchcorp was an Australian payments technology firm (ASX: TCH) that merged with Afterpay to form Afterpay Touch Group and was subsequently acquired by Block, Inc. The legacy Afterpay business now operates within Block's portfolio alongside Square, Cash App, TIDAL, Bitkey, and Proto.
- Company typePublic
- Founded-
- HeadquartersMelbourne, Australia
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Touchcorp does
Touchcorp was an Australian technology-driven payments company headquartered in Melbourne and listed on the ASX (symbol: TCH) that merged with Afterpay in 2019 to form Afterpay Touch Group, which was subsequently acquired by Block, Inc. (formerly Square, Inc., NYSE: SQ). The combined Afterpay Touch business now operates as a wholly-owned subsidiary within Block, a Delaware-incorporated financial technology holding company. Block's stated mission is to increase access to the global economy, executed through a multi-brand portfolio.
Block operates six consumer-facing brands across distinct verticals: Square delivers point-of-sale, software, and financial services to sellers; Cash App provides peer-to-peer payments, stored balances, and consumer banking tools; Afterpay offers buy-now-pay-later installment services to consumers and merchant integrations; TIDAL operates as a music streaming platform with an artist-empowerment focus; Bitkey provides a self-custody bitcoin wallet; and Proto offers bitcoin mining products and services. The company serves two primary customer segments — sellers (SMBs and enterprises) requiring commerce infrastructure, and consumers requiring capabilities for spending, sending, and storing money — with secondary segments in music listeners/artists and cryptocurrency users. Distribution is digital-first via mobile app stores (iOS/Android), supplemented by direct enterprise sales for larger Square accounts and self-serve onboarding for SMBs.
The business model is transaction- and fee-based: payment-processing fees (Square), interchange and consumer financial service fees (Cash App), merchant fees and consumer late fees on installment plans (Afterpay), subscription and ancillary revenue (TIDAL), and emerging revenue from bitcoin infrastructure (Bitkey, Proto). The geographic scope is listed as Global with no restrictions. Governance and disclosure infrastructure includes SEC filings, quarterly earnings, sustainability reporting (CDP Report, AB 1305 Climate Disclosure), and an Australian WGEA Employer Statement, consistent with a large-cap public-company posture. Note on data scope: the source material describes the Block, Inc. parent entity rather than the historical Touchcorp entity, which is delisted following the Afterpay Touch acquisition.
Touchcorp firmographics
Firmographics- Name
- Touchcorp
- Legal name
- Block, Inc.
- Website
- https://afterpaytouch.com
- Company type
- Public
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Touchcorp was an Australian payments technology firm (ASX: TCH) that merged with Afterpay to form Afterpay Touch Group and was subsequently acquired by Block, Inc. The legacy Afterpay business now operates within Block's portfolio alongside Square, Cash App, TIDAL, Bitkey, and Proto.
- Ownership category
- akta.pro rank
Touchcorp industry classification
Industry- Product category
- Digital Payments
- NAICS
- Computer and Peripheral Equipment Manufacturing (33411)
- SIC
- Computer Peripheral Equipment, Nec (3577)
- akta.pro primary industry
- Mobile POS (mPOS) Devices & Handheld Terminals (HDACAKAB)
- akta.pro secondary industries
- In-Store Contactless & NFC Acceptance (Tap-to-Pay, EMV Contactless) (FSAMADAF), Payment PIN Pads, Card Readers & NFC Contactless Devices (HDACAKAG)
Keywords
Where Touchcorp is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Markets served
Touchcorp business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Distribution channels4 records
Marketing channels5 records
Touchcorp product offering
Product offeringCore offering
Touchcorp is a technology-driven payments company operating within the digital payments ecosystem, with its Afterpay brand delivering buy-now-pay-later installment services to consumers and merchant payment integration tools. The platform enables consumers to manage spending over time through interest-free installments while providing merchants with transaction processing and customer acquisition channels.
Product overview
Block, Inc. operates a diversified portfolio of financial and technology brands. The company offers a unified ecosystem of products including Square (commerce and financial services for sellers), Cash App (consumer peer-to-peer payments and banking), Afterpay (buy-now-pay-later services), TIDAL (music streaming platform), Bitkey (bitcoin self-custody wallet), and Proto (bitcoin mining products). Together, these brands aim to increase access to the global economy by building an open financial system.
Differentiator
Problem solved
Functional benefit
Brands
- Square: Makes commerce and financial services accessible to sellers.
- Cash App
- Afterpay
- TIDAL
- Bitkey
- Proto
Products and services
- Afterpay Buy-now-pay-later service that enables consumers to pay for purchases in four interest-free installments while providing merchants with checkout integration tools to drive conversion and basket size.
- Square Commerce and financial services platform for sellers, providing point-of-sale solutions and business banking services.
- Cash App Mobile application offering peer-to-peer payments and consumer banking features, providing an easy way to spend, send, and store money.
- Bitkey Self-custody bitcoin wallet providing cryptocurrency storage and management for individual users.
- Proto Suite of bitcoin mining products and services enabling bitcoin mining operations.
- TIDAL Music streaming platform that empowers artists to thrive as entrepreneurs by providing streaming distribution and related services.
Companies that use Touchcorp
Customer profileSegments4 records
Ideal customer profiles2 records
Touchcorp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Touchcorp partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights5 records
Touchcorp competitors and assessment
Company assessmentDirect peers
- Affirm: US-listed BNPL leader with both Pay-in-4 and longer-duration installment products; the closest pure-play BNPL comparable to Afterpay's core offering.
- Stripe: Developer-first payments infrastructure with embedded BNPL (Klarna/Affirm integration) and growing POS-style products; competes for the same merchant base as Square/Block.
- Clover (Fiserv): SMB-focused POS + payments platform; competes head-on with Square Register and other Block hardware for in-store merchant acceptance.
- Verifone: Established mPOS and payment-terminal hardware manufacturer — directly comparable to Touchcorp's original Australian mPOS/contactless-terminal heritage.
- Klarna: Global BNPL network with merchant integrations on the same rails as Afterpay; competes for the same installment-credit merchant partnerships and consumer checkout slots.
- Block (Cash App) vs. Venmo — peer mapping: Block's consumer P2P: Cash App's primary US peer in consumer P2P payments and stored balances; both products target the same underbanked/young-adult demographic with social money-transfer.
Broad incumbents
- PayPal: Operates a consumer wallet (Venmo), merchant acquiring, and 'Pay in 4' BNPL — overlapping directly with Square, Cash App, and Afterpay on both seller-side payments and consumer-side installment credit.
- Adyen: Global omnichannel payments platform serving enterprise merchants — comparable to Square's acquiring and POS business serving larger merchants.
- Block, Inc. (Square): Touchcorp's parent and the operating context for Square's mPOS, Cash App, and Afterpay. Directly comparable because the subject firm is now distributed and operated through Block's infrastructure and channels.
Emerging players
- Sezzle: Smaller publicly listed BNPL focused on US and Canada with Pay-in-4 and longer-term installments; competes with Afterpay for the same merchant-integrated BNPL slots.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights4 records
Customer concentration
Touchcorp social profiles
Digital presenceTouchcorp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Touchcorp leadership team
Management profileNumber of profiles
Touchcorp subsidiaries and ownership
Company hierarchySubsidiaries6 records
Touchcorp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Touchcorp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Touchcorp
What does Touchcorp do?
Touchcorp is a technology-driven payments company operating within the digital payments ecosystem, with its Afterpay brand delivering buy-now-pay-later installment services to consumers and merchant payment integration tools. The platform enables consumers to manage spending over time through interest-free installments while providing merchants with transaction processing and customer acquisition channels.
Is Touchcorp a public or private company?
Touchcorp is a public company. It is classified as corporate owned and is currently operating.
When was Touchcorp founded?
Touchcorp was founded in -1. It employs 1 to 10 people.
Where is Touchcorp based?
Touchcorp is headquartered in Melbourne, Australia, in the Oceania region.
Who are Touchcorp's main competitors?
Direct peers on record are Affirm, Stripe, Clover (Fiserv), Verifone, Klarna and Block (Cash App) vs. Venmo — peer mapping: Block's consumer P2P. Broad incumbents are PayPal, Adyen and Block, Inc. (Square). Sezzle is listed as an emerging player.
Does Touchcorp have an API?
No public API is recorded for Touchcorp.
What industry is Touchcorp in?
Touchcorp's product category is Digital Payments. Its primary akta.pro industry code is HDACAKAB, Mobile POS (mPOS) Devices & Handheld Terminals, with a secondary code of FSAMADAF, In-Store Contactless & NFC Acceptance (Tap-to-Pay, EMV Contactless). Its NAICS code is 33411 and its SIC code is 3577.