Interswitch received the fund to support financial inclusion and the fintech ecosystem across Africa
Africa Business Communities
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Africa Business Communities
By Olatunde Ajayi
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. […]
LeapFrog Investments (“LeapFrog”) and Tana Africa Capital (“Tana”) today announced a strategic investment in Interswitch, one of Africa’s leading technology-driven companies focused on the digitisation of payments.