Home | November 2019News | Interswitch and Visa enter into strategic partnership |
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Interswitch and Visa enter into strategic partnership
- Interswitch and Visa enter into strategic partnership
- November 13, 2019
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This investment gives Visa 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 other globally renowned investors as shareholders in Interswitch.
Interswitch Limited, a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa, and Visa Inc., 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 valu...
- View more at: https://www.1888pressrelease.com/interswitch-and-visa-enter-into-strategic-partnership-pr-665559.html
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