Interswitch Receives $110M Investment From Leapfrog And Tana Africa Capital
05/12/22, 11:00 AM
Money raised
$110 million
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.
Company Info
Additional Info
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. In an interview that year, CEO Elegbe told TechCrunch that the company would pursue a dual-listing on the London and Nigeria stock exchanges. But since that isn’t forthcoming, the holding company has found an immediate alternative. At $1 billion (its last know valuation), Interswitch is one of Africa’s largest electronic payments and infrastructure companies.