Interswitch

Africa's integrated digital payments infrastructure

Interswitch is Nigeria-founded Africa's leading integrated digital payments and commerce company, operating in 23+ countries. Processes the majority of Nigeria's electronic transactions, operates Verve (Nigeria's domestic card scheme) and Quickteller. Unicorn valued at $1B+.

Facts about Interswitch

Company type: Fintech
Funding stage: Series C+
Founded: 2002
Founders: Mitchell Elegbe
Headquarters: Lagos, Nigeria
Markets: Pan-African🇳🇬Nigeria🇰🇪Kenya🇿🇦South Africa🇪🇬Egypt🇬🇭Ghana
Total disclosed funding: $1B+ valuation (Visa partnership)
Valuation: $1B+ (Visa partnership, 2019)
Key investors: Visa, Helios Investment Partners, TA Associates, International Finance Corporation, LeapFrog Investments, Tana Africa Capital