Growth Equity FinTech MEGA DEAL

$200M

Interswitch

Nigeria November 2019 West Africa

About this Deal

Interswitch raised $200M from Visa and others at $1B valuation.

Investors

Lead: Visa

Visa Helios Investment Partners LeapFrog Investments

Deal Details

Amount$200M

TypeGrowth Equity

InstrumentEquity

Valuation$1,000M

SectorFinTech

FounderMale-led

StatusClosed

Company

Interswitch
Corporate · Lagos

Other Companies in this Market

See all

BUA Cement PLC Building Africa with strong foundations

Alara Lagos Luxury African design destination

Transnational Corporation of Nigeria Driving African Prosperity

Nike Art Gallery The home of Nigerian art

First Bank of Nigeria Holdings Truly the first

Innoson Vehicle Manufacturing Pride of African Roads

People in this Space

See all

Oluwole Rasheed Sarumi Founder @ Saroafrica International

Reni Folawiyo Founder @ Alara Lagos

Bolanle Austen-Peters Founder @ Terra Kulture

Mira Mehta Founder @ Tomato Jos

Kola Masha Founder @ Babban Gona

Yemisi Iranloye Founder @ Psaltry International

Related News

See all

Stop Calling Them Neobanks: The Pan-African Retail Bank Has Arrived Kuda is now a nationally licensed Nigerian bank. FairMoney is a licensed microfinance bank with curr...

Why Nigeria's Open Banking Framework Will Underperform Its Promise Nigeria became the first African country to go live with formal open banking on 1 August 2025. The C...

African Wealthtech Needs to Admit It Is a Currency Hedge, Not a Wealth Builder PiggyVest has over 7 million users. Cowrywise passed 800,000. Bamboo and Risevest have built credibl...

How to Price and Structure B2B Supply Chain Finance in African Markets B2B supply chain finance is one of the most promising African fintech categories because it addresse...