Interswitch raises $110 million to bolster digital payments

Interswitch raises $110 million to bolster digital payments

According to a statement made by the two private investment firms on Wednesday, Interswitch has received $110 million in a combined investment from LeapFrog investments and Tiana Africa Capital. The digital payment firm is Africa’s second unicorn, and its current funding will help it expand its digital payment services across the continent. Interswitch, which was…

Meet Wale Abba, who designed Interswitch’s Quickteller and several Nigerian banking apps
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Meet Wale Abba, who designed Interswitch’s Quickteller and several Nigerian banking apps

Meet Wale Abba, who designed Interswitch’s Quickteller and several Nigerian banking apps Written By Oluwanifemi Kolawole 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 countries. Interestingly, an…