Interswitch makes LSE Companies to Inspire Africa 2017

Interswitch was part of 59 emerging enterprises with high potential to inspire economic growth in Africa.

___6494903___https:______static.pulse.com.gh___webservice___escenic___binary___6494903___2017___4___7___12___interswitch-1

In the report released by the London Stock Exchanges on Thursday, April 6, 2017, Interswitch was identified in the Technology and Telecom category. Also, there are 59 countries identified from Nigeria, with firms such as Diamond Bank Plc, Beloxxi, FanMilk e.t.c and many SMEs alongside many tech-up starts are identified in this report.

According to the review of the company as posted on the London Stock Exchange website, “if you make an electronic payment in Nigeria, there is a decent chance it will involve Interswitch. The company has built up a nationwide multi-channel payment network, while its Verve chips-and-pin payment card is the country’s second largest card scheme”.

Interswitch was founded in 2002 as a pioneer financial technology company in Nigeria. The company owns Verve, a widely-used brand of debit cards as well as e-payment platforms for most Nigerian banks. In March 2017, TA Associates announced acquisition of a minority stake in the company at an undisclosed amount.

This year’s report was a collaborative effort of London Stock Exchange, Africa Development Bank Group, CDC Group and PwC to reveal Africa’s most inspiring and emerging enterprises.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

These 6 countries have the highest unemployment rates in Africa

These 6 countries have the highest unemployment rates in Africa

Top 10 happiest countries in Africa in 2022

Top 10 happiest countries in Africa in 2022

Blossom Chukwujekwu's ex-wife apologises for laughing after troll mocked his new wife

Blossom Chukwujekwu's ex-wife apologises for laughing after troll mocked his new wife

Best dressed celebrities at Ini Dima-Okojie's traditional wedding

Best dressed celebrities at Ini Dima-Okojie's traditional wedding

3 ways Arsenal could steal Champions League qualification

3 ways Arsenal could steal Champions League qualification

Lagos NURTW Caretaker Chairman accuses MC Oluomo of snatching his wife

Lagos NURTW Caretaker Chairman accuses MC Oluomo of snatching his wife

Deborah: Soyinka wants National Mosque Imam sacked over blasphemy comment

Deborah: Soyinka wants National Mosque Imam sacked over blasphemy comment

Here are the top 10 African countries that smoke the most cannabis

Here are the top 10 African countries that smoke the most cannabis

For men only: Seven natural ways to last longer in bed

For men only: Seven natural ways to last longer in bed