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    Fintech firm Flutterwave has announced a $35 million fundraising round and partnerships with WorldPay and Visa as it targets expansion in northern and Francophone Africa. The startup, founded in 2016 by Nigerians and headquartered in San Francisco, specializes in individual and consumer transfers one of several fintech firms aiming to facilitate and capitalize on Africa’s ...
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    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 but a source confirmed media reports that Visa would buy a 20% stake for $200 million. That would value Interswitch at $1 billion, giving it “unicorn” status ...
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    Two technology companies, from Nigeria and the UK, have signed a £56 million agreement to provide card technology, which would allow commuters to travel with public transport without cash or a paper ticket. The UK Foreign Secretary, Jeremy Hunt said this during the signing of the agreement between Nigeria’s Interswitch and UK’s Becoz in Abuja ...