Business Hilights

Tracking Nigeria's Headline Business News Online

Visa

Greycroft, eVentures close Flutterwave’s $35m Series B

Flutterwave, a Nigerian-based payments technology company with operations across Africa, Tuesday announced it has closed a $35m Series B from a consortium of strategic investors. The round was co-led by Greycroft and eVentures with additional participation from CRE Venture Capital,…

Visa payment solutions
ICT

‘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…

Access Bank, PaySend driving new generation of money transfer technologies

Access Bank Plc. has revealed that its growing partnership with card-to-card payments disrupter and financial technology firm, PaySend is to deepen access to new generation of money transfers to the African markets. At present PaySend’s technology works for all Visa,…

Visa regional office now in Cote D’Ivoire to grow Western, Central African markets

Visa, a global payments technology company, has announced that it has opened its regional headquarters for the Western and Central Africa region in Abidjan, Cote D’Ivoire. Visa staff will work with local governments, financial institutions and merchants to bring the…