• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Saturday, August 13, 2022
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Interswitch Secures $110 Million Joint Investment to Scale Digital Payments

Eunniah MbabazibyEunniah Mbabazi
May 13, 2022
in African News, Startups
Reading Time: 2 mins read
Interswitch Secures $110 Million Joint Investment to Scale Digital Payments

African payments company, Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its digital payment services across the continent.

However, the exact terms of the transaction haven’t been disclosed.

This investment comes almost three years since Interswitch’s last disclosed funding round, when Visa paid $200 million for a 20% stake in the company. 

At $1 billion (its last know valuation), Interswitch is one of Africa’s largest electronic payments and infrastructure companies. The fintech powers much of the rails for Nigeria’s online banking system and is well-known for its point-of-sale terminals, online consumer payment platforms, Quickteller, and Verve, the biggest domestic debit card scheme in Africa, issuing over 35 million active cards since launch.

On January 31 2020, the company listed a $59.6 million bond on the Nigerian Securities Exchange.

See Also:

Shelter Afrique Raises $ 110.7 in Bonds Issuance


Hisa App Hisa App Hisa App
Previous Post

Pan-African Crypto Platform Mara Secures $23 Million Funding

Next Post

Inflation Fears Rise as the Kenyan Shilling Hits an all-time Low of Ksh 116 Against the Dollar.

Related Posts

Travel tech startup Tripesa closes pre-seed round

August 12, 2022
Toto Consortium Makes $433 Million for Stake in Telkom SA

Toto Consortium Makes $433 Million for Stake in Telkom SA

August 12, 2022

Sudan Secures China’s Backing to Begin $640 Million Restoration of Railway line

August 12, 2022

Rising Inflation Pushes Rwanda to Hike Interest Rate to 6%

August 12, 2022

Ethiopia Begins Power Generation from Second GERD Turbine

August 12, 2022

Kenya’s Marketforce Slashes 9% of its Workforce

August 11, 2022

Fitch Ratings Cuts Ghana’s Debt Rating to Junk

August 11, 2022

Zambia Cancels Undisbursed Loans Worth $1.6 Billion from China

August 11, 2022
Load More
Next Post
Kenya

Inflation Fears Rise as the Kenyan Shilling Hits an all-time Low of Ksh 116 Against the Dollar.

ADVERTISEMENT

Follow Us

  • 143.3k Followers
  • 2.4k Subscribers
  • 1.1k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

There are no upcoming events.

View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In