Tuesday, November 12, 2019

Interswitch, a Nigeria-based digital payments startup, says Visa has acquired a minority stake, reportedly for $200M, at a $1B valuation, plans IPO in H1 2020 (Jake Bright/TechCrunch)

Jake Bright / TechCrunch:
Interswitch, a Nigeria-based digital payments startup, says Visa has acquired a minority stake, reportedly for $200M, at a $1B valuation, plans IPO in H1 2020  —  Nigerian digital payments firm Interswitch confirmed today it has reached unicorn status after Visa acquired a minority equity stake in the firm.



No comments:

Post a Comment

Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sector in 2025 amid concerns over AI threat (Financial Times)

Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...