‘Visa’s emerging stake in Nigeria’s Interswitch’ll push valuation to $1bn’
Though details have remained scanty, strong indications have emerged that Visa Inc plans to acquire a “significant minority” stake in payments platform Interswitch, the Nigeria-based company said on Tuesday. International media reports that the acquisition deal may be a 20…
Meltwater School of Technology plans 3rd Africa Summit in Cape Town
As part of programmes to mark its 10th year in investing in technology entrepreneurs in Africa, Meltwater Entrepreneurial School of Technology (MEST), on Thursday, announced the third MEST Africa Summit, which will take place in Cape Town, South Africa in…
Helios offloads limited stakes in Interswitch to TA Associates, expresses confidence
Afro-centric digital services investor, Helios Investment Partners has put paid to its gradual exit plan following the sale of minority stake in Interswitch to TA Associates. Analysts say the sale gives Helios a partial exit from its investment in the…
TA Associates now part owners of Interswitch, details veiled
Emerging global private equity firm, TA Associates, has sealed a new deal to acquire minority interest in Interswitch. Interswitch is an Africa-focused integrated digital payments and commerce company with mega stakes in Nigeria. A statement indicated that the transaction was…
