InterSwitch
Africa’s 5 Unicorn Startups – Which Has the Highest Valuation?
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Startup “Unicorns” Help Mobile Money Soar in Africa
Image sourced from WeeTracker. /* custom css */ .tdi_4_c6c.td-a-rec-img{ text-align: left; }.tdi_4_c6c.td-a-rec-img img{ margin: 0 auto 0 0; } A recent GSMA report reveals that there are 1.2 billion registered global mobile money accounts. 560-million of these registered accounts are in Africa. The GSMA, which represents several mobile network firms, states that “Sub-Saharan Africa has been at the forefront of the mobile money industry for over a decade, and in 2020 continued to account for the majority of growth.” FinTech Unicorns Running Wild in Africa Now, five African fintech startups, Flutterwave, ChipperCash, Interswitch, Paga and OPay are now being identified as “unicorns” by investors, the business media and analysts following the surge of mobile payments. /* custom css */ .tdi_3_4...
UnionPay and Interswitch Partner to Digitise Payments across Africa
UnionPay International and Interswitch East Africa have partnered to support digitalization across the continent, allowing cardholders and merchants within the region to transact seamlessly and conveniently across various platforms on the global UPI network. The agreement with Interswitch will facilitate UnionPay card acceptance across ATMs, Points-of-Sale, QR Payments and online payments, thereby consolidating the existing partnership with Interswitch in West Africa, helping to drive wider acceptance on the continent. These initiatives are expected to ultimately enhance the current payment landscape and in turn, improve the lives of the mass markets in Africa. “UPI and Interswitch East Africa share a mission to provide convenient and secure payment solutions across Africa, and this p...
