What we do: Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. The company started operations in 2002 as a transaction switching and electronic payments processing company that builds and manages payment infrastructure as well as deliver innovative payment products and transactional services throughout the African continent.
Ownership & Management: Interswitch is owned by its founders which have instrumental in the growth of the company. Interswitch is led by an experienced management team with a proven track record of delivering growth strategies for businesses across the payments and financial services sectors. Their combined expertise has enabled Interswitch to become the leading payments and transaction switching business with a focus on Africa.
Key financial indicators: Not provided. The company has direct connection with leading banks and other international payment platforms which enables customers of financial institutions on the switch to have secure and continuous access to all the ATMs on the Interswitch network irrespective of ownership and location. The solution for the financial industry enables financial institutions to collect, disburse, monitor and reconcile funds received from their business and individual customers.
Track record: Interswitch has strong market share in Nigeria and is also based in Kenya and Uganda. The customer base includes banks, microfinance institutions and pensions to fund administrators and securities institutions as Interswitch provides efficient solutions that allow their customers to transfer funds or switch interbank transactions with ease.
Contact details: Tel: +234 16 283 888 Email: GMCC@interswitchgroup.com Address: Plot 1648C, Oko-Awo Close,Victoria Island, Lagos, Nigeria. Website: www.interswitchgroup.com
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