INSUBCONTINENT EXCLUSIVE:
Nigerian digital payments firm Interswitch confirmed today it has reached unicorn status after Visa acquired a minority equity stake in the
Interswitch offers a number of personal and business finance products, including its Verve payment cards and Quickteller payment app.From
its home-base of Nigeria, Interswitch has expanded its physical presence to Uganda, Gambia and Kenya .Interswitch also sells its products in
Interswitch are touting the equity investment as a strategic collaboration between the two companies, without a lot of detail on what that
close to the matter offered the latest indication that Interswitch will list on a major exchange by mid-2020.With possible exits for backers
VC to the continent has grown significantly over the last five years, but stands at just over $1 billion annually, per Partech
