Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,497 members, 7,781,492 topics. Date: Friday, 29 March 2024 at 03:28 PM

Interswitch, Visa Enter Into Strategic Partnership - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Interswitch, Visa Enter Into Strategic Partnership (742 Views)

Interswitch Loses ₦30 Billion To Chargeback Fraud, Launches Recovery Process / Revenue Boost Strategic Partnership / Nigeria’s Interswitch Confirms $1B Valuation After Visa Investment (2) (3) (4)

(1) (Reply)

Interswitch, Visa Enter Into Strategic Partnership by BizWatch: 1:07pm On Nov 12, 2019
Interswitch Limited (“Interswitch” or the “Company”), a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa, and Visa Inc. (“Visa”), the world leader in digital payments, today announced a strategic partnership that will further advance the digital payments ecosystem across Africa.

As part of the agreement, Visa will acquire a significant minority equity stake in Interswitch. The investment makes Interswitch one of the most valuable African FinTech businesses with a valuation of US$1 billion. Visa will join globally renowned investors, Helios Investment Partners, TA Associates and IFC, as shareholders in Interswitch, alongside Company management.

Read the full article here: https://bizwatchnigeria.ng/interswitch-visa-enter-into-strategic-partnership/

(1) (Reply)

Get / You Cannot Save Your Way To Financial Freedom / Pls Suggest A Business With A Low Capital For Me

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.