Entrepreneurship page

Interswitch’s Elegbe Reappointed to EY Jury

DailyTimesNGR DailyTimesNGR 31 May 2025 0

BY TEMITOPE ADEBAYO Mitchell Elegbe, Founder and Group Managing Director/CEO of Interswitch Group has been re-appointed as the only entrepreneur from Africa into the global jury of the 2025 Ernst & Young (EY) World Entrepreneur of The Year Awards, which takes place annually in June in Monte

Business

Interswitch champions African innovation, economic sovereignty at Soft Power Summit

DailyTimesNGR DailyTimesNGR 28 May 2025 0

BY MOTOLANI OSENI Interswitch Group has called for a renewed focus on homegrown innovation and economic autonomy, urging African nations to reduce dependence on foreign capital and prioritise locally developed technology solutions. The fintech giant made this appeal at the 2025 Africa Soft Power Summit in Nairobi, Kenya, where leaders, policymakers, and innovators gathered

Business

Interswitch Group bolsters talent ecosystem in Africa, hosts fourth edition of career fair

DailyTimesNGR DailyTimesNGR 28 April 2025 0

By Godwin Anyebe Interswitch Group, one of Africa’s leading integrated payments and digital commerce companies, has reinforced its commitment to harnessing a robust talent pool by empowering the Nigerian workforce to pursue personal and professional success. The company affirmed this as it announced the Interswitch Career Fair 4.0 set to be held at the Landmark […]

Brands

“Collaboration requires mutual respect and clear communication” – Linda Ochugbua

DailyTimesNGR DailyTimesNGR 3 February 2025 0

Interswitch Group, a leading African integrated payments and digital commerce company, hosted its first Startup Innovation Mixer on January 24, 2025. The event, themed “Unlocking Synergies between Startups and Established Corporates,” was held at the Interswitch Innovation Hub in Lagos. Linda Ochugbua, Digital Sales Manager at BusinessDay, underscored the importance of

News

Interswitch sets new transaction volume record, processes 1.2bn transactions in March 2023

Ihesiulo Grace 3 April 2023 0

Africa’s leading integrated payments and digital commerce company, Interswitch, has achieved a new milestone in transaction volume processing, hitting 1.2 billion transactions in the month of March 2023, the highest the company has ever processed in a single month within Nigeria alone, excluding the company’s other markets across Africa. This impressive feat is a testament

News

Entrepreneurs must have clear business model, says Interswitch boss

Ihesiulo Grace 11 May 2020 0

Interswitch GMD, Mitchell Elegbe, has advised entrepreneurs to have a clear business model before seeking startup capital.  The Interswitch boss made this remark during a two-hour Webinar Startup Insight series themed: ‘Why Startup Capital is Necessary, But Not Sufficient’. READ MORE: ‘Living in Bondage’ sequel is coming to Netflix this May The online session was […]

Business

Lockdown: Interswitch assures customers of continuous dispute management activities

Ihesiulo Grace 9 April 2020 0

Interswitch, integrated digital payments and commerce company has assured her customers that all its business operations will continue to run smoothly, without any snags, as the company has implemented a fully operative business continuity plan. This is coming against the backdrop of the lockdown being experienced in Lagos, the FCT, Abuja and Ogun State – […]

Business

Interswitch, American Express partner on AmEx cards acceptance in Nigeria

Ihesiulo Grace 24 February 2020 0

Interswitch Limited and American Express (AmEx) have announced a new partnership to expand the usage and acceptance of American Express (AmEx) cards across Nigeria. The partnership with Interswitch will enable American Express Cardmembers to transact, using a wide range of merchants, who process payments through the Interswitch platform, for a range of travel, retail,

Business

Visa to acquire stake in Nigeria’s Interswitch

Ihesiulo Grace 12 November 2019 0

Visa Inc plans to acquire a “significant minority” stake in payments platform Interswitch, the Nigeria-based company said on Tuesday. Interswitch did not provide financial details in its statement. ALSO READ Dangote Industries appoints Halima Aliko Dangote as GED Commercial Operations The acquisition, which Sky News reported on Sunday as being a 20 per cent stake […]

News

Interswitch expands presence in health-tech via eClat acquisition

Ihesiulo Grace 4 November 2019 0

Interswitch Limited, a leading technology-driven company focused on the digitisation of payments in Nigeria and other African countries has announced the acquisition of eClat Healthcare Limited, a Nigeria-based health technology company that aims to improve healthcare delivery in Africa. The deal was completed on September 30, 2019, and it involves Interswitch acquiring a

Business Headlines

Interswitch, Microsoft, Partner to Pioneer Blockchain Technology in Nigeria

Ihesiulo Grace 6 November 2018 0

…Extend supply chain financing to Nigeria’s growing SMEs Interswitch Group, a Pan-African integrated digital payments and commerce company, in partnership with Microsoft, has announced the launch of its innovative blockchain-based supply chain financing service. This novel initiative brings together entrepreneurs, major financial institutions and corporate

Business News

Interswitch to host Verve wellness, fitness lifestyle

Ihesiulo Grace 15 June 2018 0

The Group Chief Product and Marketing Officer Interswitch Nigeria, Cherry Eromosele, on Thursday said that the company is set to host a fitness, wellness and lifestyle event on June 16 in Lagos. According to Eromosole, the event is the second edition and would hold at the Landmark Centre Victoria Island, tagged “TheVerveLife 2.0 #ZeroExcuses”, is […]

Business

FirstBank achieves payment card version 3.2 recertification

Ihesiulo Grace 4 December 2017 0

First Bank of Nigeria Limited has successfully recertified to the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having been one of the first top-tier banks in Nigeria to obtain the PCI DSS certification in 2014. This recertification reaffirms the bank’s leading position in the payment card industry in Nigeria. Recently, FirstBank was […]

Tech

Interswitch honours Airtel for payment innovation in telecoms

Ihesiulo Grace 22 September 2017 0

Airtel Nigeria, leading telecommunications service provider, has been honoured with the Payment Innovation in Telecom Award by Africa’s leading transaction switching and processing services company, Interswitch. The Award, which held recently at the Landmark Event Centre in Lagos, recognized leading financial institutions, mobile financial players, processors and

Aviation Business

Medview Partners First Bank on Internet Payment

Ihesiulo Grace 28 April 2015 0

  Med-View Airline recently signed a partnership agreement with First bank of Nigeria for online payment platform called “MasterCard Internet Gateway Service” (MIGS) where customers with Master / Visa cards anywhere in the world could make payments online. This is to ensure that Med-View brings its service closer to its numerous clients who desire to […]