ACE.ng, Interswitch sign contract

Tunde Kehinde and Ercin Eksin, the Co-Founders of ACE.ng, have signed an investment contract with Founder and CEO of Interswitch, Mitchell Elegbe.

ACE.ng was launched in November 2013 by Tunde Kehinde and Ercin Eksin, ACE currently provides reliable third-party logistics, tracking and pay-on-delivery (cash and electronic) services for retail businesses in Nigeria.

Since launch, ACE has established physical presence in 5 cities across Nigeria, has shipped to almost 100,000 customers, and is currently supporting a number of blue chip clients and is experiencing growing demand for its services across several sectors.

Interswitch Limited is an electronic transaction switching and payment processing company with a business footprint that covers the provision of shared, integrated message broker solutions for financial transactions, e-commerce, telecoms value-added services and e-billing in the Nigerian environment.

The company is an independent, private sector led, limited liability Company focused on facilitating the exchange of value between service providers (financial, telecommunications and utilities), merchants, their customers, & other stakeholders on a timely and continuous basis nationwide.

Both companies have obviously done good things, so this contract should be the birth of better things for both of them.