Interswitch investors set to receive $110 million on a 15% sell down
After selling 15 percent of their overall stakes in Interswitch to Leapfrog Investments and Tana Africa Capital, Helios, Visa, and
Source: thenews-chronicle.com
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After selling 15 percent of their overall stakes in Interswitch to Leapfrog Investments and Tana Africa Capital, Helios, Visa, and
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, the two private investment firms said in a statement Wednesday. Interswitch didn’t confirm the amount it received from the firms. “The exact terms of the transaction haven’t been disclosed. […]