Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports.
The strategic investment came from LeapFrog Investment and Tana Africa Capital, which will work with Interswitch to “advance the payment ecosystem across the continent,” according to a Thursday (May 12) news release,
Founded 10…
A total of $2.25 billion was raised in funding activities by tech companies in Africa in the first four months of 2022, according to data from the Big Deal compiled by Max Cuvellier, Head of Mobile for Development, GSMA, and Maxime Bayen, Senior Venture Builder for BFA…