Date | Title | Description |
15.11.2024 | WEBINAR – AI for business growth: Driving digital transformation through AI Integration | We are excited to invite you to Verraki Partner’s upcoming FREE Webinar on “AI for Business Growth – Driving Digital Transformation through AI Integration”, which will explore how Artificial Intelligence (AI) can be leveraged by businesses ... |
31.10.2024 | Moniepoint's Meteoric Rise: A New Era for African Fintech | In the bustling world of African fintech, Moniepoint has emerged as a shining star. The Nigerian startup recently achieved a staggering $1 billion valuation after securing $110 million in a Series C funding round led by Development Partners... |
29.10.2024 | Moniepoint gets $1 billion valuation in new funding round led by DPI | Moniepoint, a Nigerian fintech startup that processed 5.2 billion transactions in 2023, has raised $110 million in a Series C funding round led by Development Partners International (DPI), according to two people with direct knowledge of th... |
28.10.2024 | Inspire Africa Conference 2024: Empowering Africa’s tech product leaders | The 2024 Inspire Africa Conference has just concluded at the prestigious Eko Convention Centre in Lagos.
The highly anticipated Conference took place 15th – 18th October 2024. Tagged the continent’s largest tech product event, this year’s t... |
22.10.2024 | Seamfix: 17 Years of Building Trust Through Digital Identity | In the bustling heart of Lagos, a quiet revolution has been brewing for 17 years. Seamfix, a digital identity solutions provider, has transformed the landscape of identity management in Africa. Founded in 2007 with a mere $500, the company ... |
21.10.2024 | Seamfix Celebrates 17 Years of Empowering Identity and Trust | Pioneering Digital Identity Solutions That Transform Lives and Businesses L-R, Frank Atube, Executive Director and Chief Operating Officer, Seamfix, Chimezie Emewulu, Co-founder and Group Chief Executive Officer, Seamfix, Chibuzor Onwurah, ... |
15.10.2024 | Verve hits 70 million payment cards in Nigeria, consolidates market leadership. | Lagos, Nigeria, 15 October, 2024: Verve International, Africa’s 1st and largest domestic payments scheme, and an emerging reference-point in the burgeoning realm of domestic payment schemes globally, has again announced another remarkable n... |
27.09.2024 | Next-Level Transactions: How Interswitch and NIBSS Are Transforming Digital Payments | Interswitch, one of Africa’s leading integrated payments and digital commerce companies, has announced a game-changing partnership with the Nigeria Interbank Settlement System (NIBSS) that will make your payment transactions smoother and fa... |
26.09.2024 | Old Mutual's Bold Move: A New Bank for South Africa | Old Mutual is stepping into the banking arena. In 2025, South Africa will welcome its newest bank, courtesy of the continent's largest insurer. This move is more than just a business expansion; it’s a challenge to the status quo. With 85% o... |
23.09.2024 | The Maiden Edition of The Nigerian Fintech Festival Event holds in Lagos | The inaugural edition of the Nigerian Fintech Festival, the biggest fintech festival in Nigeria, sponsored by FirstBank, West Africa premier financial institution and financial inclusion services provider is set to take place in Lagos on Se... |
28.08.2024 | The Rise of Fintech in Africa: A New Era of Innovation and Inclusion | Africa is on the brink of a financial revolution. The continent is witnessing a surge in fintech innovations that promise to reshape its economic landscape. Two recent events—the Africa Fintech Summit in Nairobi and the launch of Netapps Te... |
28.08.2024 | Converge Global Concept Technologies Limited Collaborates with Red Hat to Accelerate Customer Success with Professional Services | Lagos, Nigeria – 21st August 2024
Converge, a leader in delivering Data Center, Cloud, Security, and Automation solutions, today announced it has joined Red Hat Partner Practice Accelerator, a specialized growth pathway for select partners ... |
26.08.2024 | Fintech company, Netapps launches reliable and secure suite of products | Netapps Technologies Limited, a fintech company that provides financial solutions to individuals, businesses, institutions, and government organisations, has just launched its suite of financial service products. The launch event which took... |
22.08.2024 | Africa Fintech Summit Nairobi 2024 welcomes Interswitch Group as gold sponsor | NAIROBI, KE 21st August 2024: The Africa Fintech Summit is pleased to announce Interswitch Group as Gold Sponsor for the Africa Fintech Summit (AFTS) 2024, to be held in Nairobi, Kenya, from 4-6 September 2024. The partnership comes at a ti... |
07.08.2024 | The Future of Payments in Nigeria: A Decentralized Revolution | Nigeria's payment landscape is on the brink of a transformation. A digital wave is sweeping across the nation, reshaping how transactions occur. The journey began decades ago, with the establishment of the Nigerian Inter-Bank Settlement Sys... |
06.08.2024 | Decentralization might be the next wave of innovation in Nigeria’s payment industry | Payment in Nigeria has come a long way. From the creation of the Nigerian Inter-Bank Settlement System (NIBBS) in 1993 to the introduction of NIBSS Instant Payments (NIP) in 2011, the industry has seen watershed moments that have made it wh... |
24.07.2024 | Interswitch and ACI Worldwide: A Renewed Partnership Powering Africa’s Real-Time Payment Revolution | As digital technology and innovation continue to push the frontiers of the financial landscape, Africa is witnessing a surge in digital payments, becoming a formidable force in the sector. Fintechs, banks, and other financial institutions a... |
20.06.2024 | eClat, Interswitch’s health subsidiary, snags second government partnership in one year | eClat, the health-tech subsidiary of Nigerian payment giant Interswitch, has partnered with the Lagos State Ministry of Health to launch a cloud-based platform, Smart Health Information Platform (SHIP), that will manage and transmit data fo... |
13.03.2024 | New Payments Innovations Report Highlights Sector’s Failures/Successes | The Payments Innovation Jury has unveiled its 2024 report, Market Meltdown – Impacts on Infrastructure, Regulation, and Innovation. This report sheds light on the perspectives of global payment leaders regarding the turbulent macroeconomic ... |
11.09.2023 | Interswitch announces support for Google Pay on its payment gateway | Interswitch introduces Google Pay support via its Interswitch Payment Gateway (IPG), allowing users to add cards and access global transactions.
Payments company Interswitch has launched support for Google Pay on its payment gateway—the Int... |
15.08.2023 | MTN fintech unit seeks more investors | MTN Group CEO Ralph Mupita
MTN Group is seeking as many as three more strategic investors in addition to Mastercard for its fintech unit, which it values at $5.2-billion (R100-billion).
“We are open to selling up to a maximum of 30% of the ... |
09.06.2023 | Interswitch Developer Connect Event – Boosting Collaboration within the Tech Developer Community
TechCabal’s 2021 Year-End report
Success! | Interswitch, Africa’s leading integrated payments and digital commerce company, has unveiled plans for its upcoming Developer Connect Series tagged The Coded Meetup. The event is aimed at fostering live interactions amongst existing and pro... |
17.01.2023 | What the CBN’s card payment scheme means for the financial sector. | Recently, the Central Bank of Nigeria (CBN) has implemented various policies and introduced new products in an effort to revitalize the country’s financial sector. These policies, such as the redesign of the Naira and the implementation of ... |
11.01.2023 | Creating innovative solutions for seamless transactions in Sierra Leone and beyond | Technology solutions are changing the world and boosting economies, especially in developing countries. The African continent remains at the heart of this evolution with its technology industry growing and making a huge impact on businesses... |
09.09.2022 | ProvidusBank, Mastercard, Interswitch and Thales launch contactless Tap-to-Pay transactions via smart devices in Nigeria | In a move to further reduce dependency on cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with Mastercard, Interswitch and Thales Group, today announced the introduction of ... |
12.05.2022 | Interswitch, Africa’s second unicorn, raises $110 million | Interswitch has received $110 million in joint investment from LeapFrog investments and Tiana Africa Capital, according to a statement released by the two private investment companies on Wednesday. The digital payment company is Africa’s se... |
21.03.2022 | Interswitch: More than just a payment platform | Talking about the African financial ecosystem without attribution to Interswitch’s influence is incomplete. Since its inception in 2002, the global digital payment solutions firm has continued to push the boundaries of innovation to deliver... |
17.08.2021 | Meet Wale Abba, who designed Interswitch’s Quickteller and several Nigerian banking apps | Share this article:
Nigerian fintech unicorn, Interswitch, has, for the past 19 years, led the way when it comes to digitising payments in Nigeria — where it provides most of the country’s digital banking infrastructure — and other African ... |
19.02.2021 | Interswitch launches Quickteller Business, a Payment and ECommerce platform | Interswitch Group, a Nigerian fintech company focusing on payment digitization in Africa, has announced the launch of Quickteller Business.
The product is a new payment and e-commerce platform.
The new product aims to support the growth of ... |
17.02.2021 | MTN Mastercard partnership, Quickteller and eCommerce, SFAN’s $250k pre-seed | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
MTN Mastercard partnership
Quickteller ventures into eCommerce
Some funding news MTN Mastercard partnership
Photo Credit: Olgierd (dogs, gear, equipment, e... |
11.12.2020 | Nairobi-based startup OkHi launches in Nigeria | A smart addressing startup, based in Nairobi OkHi, has partnered with Africa’s largest banking platform, Interswitch to launch in Africa’s largest market, Nigeria.
The partnership aims to assist OkHi’s objective which is to provide 195-mill... |
11.12.2020 | Nairobi-based startup OkHi launches in Nigeria | A smart addressing startup, based in Nairobi OkHi, has partnered with Africa’s largest banking platform, Interswitch to launch in Africa’s largest market, Nigeria.
The partnership aims to assist OkHi’s objective which is to provide 195-mil... |
10.11.2020 | Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa | The African continent is currently one of the fastest-growing regions when it comes to mobile growth, and financial technology companies that are building services to meet that rapidly-expanding market are getting a lot of attention.
In the... |
21.10.2020 | Nigeria Protests Show Bitcoin Adoption Is Not Coming: It's Here | As protests sweep across the country, with multiple regions placed under curfew, Nigerians are using social media and bitcoin in their fight against police corruption.
Nigerians called for the disbandment of the special anti-robbery squad (... |
17.09.2020 | China is pushing its currency into Africa through fintech partnerships | On September 9, UnionPay International announced a partnership with Interswitch East Africa, the regional business of the Nigerian-based Interswitch Group. Under the partnership, Interswitch became a Third-Party Service Provider (TPSP) for ... |
04.05.2020 | Why COVID-19 could delay Interswitch, Africa’s next big IPO | The economic effects of COVID-19 could delay Africa’s next big IPO — that of Nigerian fintech unicorn Interswitch.
If so, it wouldn’t be the first time the Lagos-based payments company’s plans for going public were postponed; the tech world... |
03.02.2020 | Interswitch lists ₦23 billion bonds on the NSE: what’s next for Nigeria’s first unicorn? | Share this article:
On the back of a substantial investment that confirmed its unicorn status in 2019, Interswitch Limited, who set the ball rolling for fintechs in Nigeria, has taken yet another step in its bid for expansion, with the issu... |
27.01.2020 | African venture capitalists bullish over VC sector ahead of Nigerian Interswitch’s IPO | The World Bank has forecast growth in Sub-Saharan Africa to slow from 3.4% (forecast) in 2019, to 2.9% in 2020. But despite slower growth, venture capitalists remain bullish over the continent’s venture capital (VC) scene.
Earlier this mon... |
27.01.2020 | African venture capitalists bullish over VC sector ahead of Nigerian Interswitch’s IPO | The World Bank has forecast growth in Sub-Saharan Africa to slow from 3.4% (forecast) in 2019, to 2.9% in 2020. But despite slower growth, venture capitalists remain bullish over the continent’s venture capital (VC) scene.
Earlier this mont... |
03.01.2020 | African Startups that Received Funding above $20Million in 2019 | Capital is the power nerve and brain box of every venture. It determines the lifespan of the venture and helps the business scale its market power to compete favorably with other startups in the market. In this piece, we take a cursory look... |
31.12.2019 | 10 reasons why 2019 was a hot year for Africa’s tech startup scene [Opinion] | Africa’s tech startup scene is doing quite okay. Actually, it’s pretty hot right now.
Even the attack in January by terrorists on a Nairobi office park, in which 21 people died (including six members of Kenyan tech firm Cellulant), can’t k... |
31.12.2019 | 2019: The big year of tech investment in Africa | Share this:
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31.12.2019 | 10 reasons why 2019 was a hot year for Africa’s tech startup scene [Opinion] | Africa’s tech startup scene is doing quite okay. Actually, it’s pretty hot right now.
Even the attack in January by terrorists on a Nairobi office park, in which 21 people died (including six members of Kenyan tech firm Cellulant), can’t ke... |
30.12.2019 | 10 ways Africa’s fintech sector boomed in 2019 | Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in 25 deals (in disclosed deals).
Fintech deals accounted for about 18% of the almost $290-mi... |
30.12.2019 | 10 ways Africa’s fintech sector boomed in 2019 | Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in 25 deals (in disclosed deals).
Fintech deals accounted for about 18% of the almost $290-mil... |
30.12.2019 | 2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital | 2019 brought more global attention to Africa’s tech scene than perhaps any previous year.
A high-profile IPO, visits by both Jacks (Ma and Dorsey) and big Chinese startup investment energized that.
The last 12 months served as a grande fina... |
01.12.2019 | Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC | November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups.
The month saw $360 million invested in Nigerian-focused payment ventures. That is equivalent to roughly... |
14.11.2019 | Interswitch worth a billion dollars, but this London-based investor owns more than half of the company | Share this article:
Amidst fears of a weakening Naira, a general shortage of foreign currency, and other economic factors, Nigerian digital payments firm, Interswitch has remained at the centre of Initial Public Offering (IPO) talks for man... |
13.11.2019 | Nigeria’s Interswitch becomes Africa’s latest unicorn after Visa acquires minority stake | US payments technology corporation Visa has acquired a minority stake in Lagos-based digital payments firm Interswitch Group at a valuation of $1-billion, effectively making the fintech company Africa’s latest unicorn.
It follows the listin... |
13.11.2019 | Nigeria’s Interswitch becomes Africa’s latest unicorn after Visa acquires minority stake | US payments technology corporation Visa has acquired a minority stake in Lagos-based digital payments firm Interswitch Group at a valuation of $1-billion, effectively making the fintech company Africa’s latest unicorn.
It follows the listi... |
11.11.2019 | Nigeria’s Interswitch confirms $1B valuation after Visa investment | Nigerian digital payments firm Interswitch confirmed today it has reached unicorn status after Visa acquired a minority equity stake in the firm.
“The investment makes Interswitch one of the most valuable African fintech businesses with a v... |
11.11.2019 | Interswitch is about to become Nigeria’s first billion-dollar tech company, for real this time | Share this article:
Several months ahead of its reportedly impending IPO in 2020, pioneering Nigerian fintech company, Interswitch may have just secured a huge boost to its valuation.
Sky News reports that US-based payments giant, Visa is s... |
08.11.2019 | Interswitch Group acquires Nigerian startup eClat Healthcare | Lagos-based digital payments firm Interswitch Group has acquired eClat Healthcare, a Nigerian startup that develops hospital management software solutions.
Interswitch said in a statement last Wednesday (6 November) that the deal was compl... |
08.11.2019 | Interswitch Group acquires Nigerian startup eClat Healthcare | Lagos-based digital payments firm Interswitch Group has acquired eClat Healthcare, a Nigerian startup that develops hospital management software solutions.
Interswitch said in a statement last Wednesday (6 November) that the deal was comple... |
04.11.2019 | Interswitch acquires healthcare company eClat | Nigeria’s leading e-payments giant Interswitch has acquired a majority stake in healthcare technology company, eClat.
The deal completed in September means Interswitch is staking for a place in the electronic health records and mobile clini... |
30.08.2019 | Update on Nigerian fintech firm Interswitch and its speculative IPO | Nigerian fintech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange.
Last month Bloomberg News ran a story — based on unnamed sources — reporting the financial services firm had hired i... |
13.03.2019 | Nigerian fintech TeamApt aiming for Latin American expansion this year | Lagos-based fintech TeamApt is working on scaling to Latin America by the third quarter of this year, founder and CEO Tosin Eniolorunda has revealed to Ventureburn.
Last month TeamApt — which develops digital banking and payments infrastruc... |
13.03.2019 | Nigerian fintech TeamApt aiming for Latin American expansion this year | Lagos-based fintech TeamApt is working on scaling to Latin America by the third quarter of this year, founder and CEO Tosin Eniolorunda has revealed to Ventureburn.
Last month TeamApt — which develops digital banking and payments infrastru... |
13.08.2018 | Nigerian FinTech Startup Mines Secures $13M to Grow Digital Credit Platform | Share this:
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18.07.2018 | The Road To Africa’s Next Tech Unicorn | In 2016, Africa Internet Group (Jumia’s former parent company) raised $493 million at a $1 billion valuation making it Africa’s first tech unicorn. Jumia comprises 10 businesses (sharing the brand name) spread across 23 African nations. The... |
05.12.2017 | Africa Roundup: ToLet Acquires JumiaHouse NG, Facebook announces NG_Hub, Interswitch IPO Update | Jake Bright Contributor
Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.
More posts by this contributor
African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
Nigeria’s Autochek raises ... |
08.05.2017 | Tackle infrastructure, skills challenges to boost tech sector, say Nigerian experts | Nigeria must overcome its infrastructure challenges and shortage of skills if it is to help the country’s nascent tech scene to grow, say analysts and entrepreneurs.
The country boasts such successful tech companies such as fintech company... |
08.05.2017 | Tackle infrastructure, skills challenges to boost tech sector, say Nigerian experts | Nigeria must overcome its infrastructure challenges and shortage of skills if it is to help the country’s nascent tech scene to grow, say analysts and entrepreneurs.
The country boasts such successful tech companies such as fintech company ... |
06.03.2017 | Interswitch Receives Minority Equity Investment from TA Associates | Interswitch, an Africa-focused integrated digital payments and commerce company, received a minority equity investment from TA Associates.
The financial terms of the transaction were not disclosed. Following the deal, Helios Investment Part... |
24.10.2016 | 5 hands-on tech events that you should not miss this week | Share this article:
Last week had a lot of cool tech events. Most events lined up for this week are of an educational nature; a TedX being one of them. So if you are headed to most of the events this week, be prepared to absorb knowledge. M... |
28.01.2016 | Nigerian Fintech Company Interswitch Could Become Africa’s First Public Startup Unicorn | Jake Bright Contributor
Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.
More posts by this contributor
African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
Nigeria’s Autochek raises ... |
- | Interswitch launches Quickteller Business, a Payment and ECommerce platform | Interswitch Group, a Nigerian fintech company focusing on payment digitization in Africa, has announced the launch of Quickteller Business.
The product is a new payment and e-commerce platform.
The new product aims to support the growth of ... |
- | African Startups that Received Funding above $20Million in 2019 | Capital is the power nerve and brain box of every venture. It determines the lifespan of the venture and helps the business scale its market power to compete favorably with other startups in the market. In this piece, we take a cursory look... |