Interswitch Hits $1billion Valuation After Visa Takes Minority Shares - Science/Technology - Nairaland
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| Interswitch Hits $1billion Valuation After Visa Takes Minority Shares by tinodam: 5:17pm On Nov 12, 2019 |
 Interswitch Limited, a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa, has become one of the most valuable African fintech businesses with a valuation of US$1 billion after Visa Inc., the global credit card company; acquired a significant minority equity stake. According to a statement by InterswitchAccording to a statement by Interswitch, Visa will join globally renowned investors, Helios Investment Partners, TA Associates and IFC, as shareholders in Interswitch, alongside Company management. The partnership, according to the statement “Will create an instant acceptance network across Africa to benefit consumers and merchants and facilitate greater connectivity for communities... Click here to continue reading: https://www.techawk.com.ng/2019/11/12/interswitch-1billion-valuation-visa/ |
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