News and Announcements

Interswitch Named One of CNBC and Statista’s World’s Top Fintech Companies 2025

At a time when digital payments are driving economic transformation, Interswitch remains focused on enabling Africa’s participation in the global economy, through partnerships, compliance, and the kind of infrastructure thinking that scales with the continent’s growing ambitions.

7/17/2025

Interswitch Unveils New Pan-African Masterbrand Storytelling Campaign Emphasizing The Human Connection

Styled as an immersive and intimate gathering, the event drew key stakeholders across media, tech, and lifestyle sectors, including journalists, creators, and brand partners. With a bold departure from conventional press events, the screening was crafted as an experience-first showcase, a sensory blend of visuals, sound, and narrative designed to evoke emotion and highlight the depth of African storytelling.

6/25/2025

Verve Consolidates International Acceptance Footprint with Temu, opening up new e-commerce frontiers to over 70 million cardholders.

3/24/2025

Verve International Named in The Global Payments Power 50

Interswitch’s Verve Recognized on 2025 Global Payments Power 50 List

3/18/2025

Interswitch Group Subsidiary, Systegra Technologies Ltd, Tier-5 MVNE Licensee, collaborates with Amdocs to offer best in class mobile services to the Nigerian Market.

Systegra Technologies Ltd, a subsidiary of Interswitch Group, holds a license issued by the Nigerian Communications Commission (NCC) as a Tier-5 Mobile Virtual Network Enabler (MVNE). Systegra Technologies will enable Tier 1, 2, and 3 Mobile Virtual Network Operators (MVNOs) to offer their mobile services, enriching Nigeria’s fast-growing mobile market with a diverse portfolio of products, services, and offers.

2/5/2025

Winner of InterswitchSPAK 6.0 Receives N15 Million Scholarship, Other Exciting Prizes

In a stellar demonstration of brilliance and perseverance, Henry Ndudu Ekong from Pegasus School, Akwa Ibom state has emerged as the winner of InterswitchSPAK 6.0, securing the title of Nigeria’s best STEM student.

1/19/2025

Interswitch Technovation Hackathon 2024: Fueling Innovation for a Better Tomorrow

The future of technology is built on bold ideas and fearless innovation—and nowhere was that more evident than at Interswitch’s Technovation 3.0 Hackathon. Held by Interswitch’s Innovation Team, this year’s edition brought together some of Interswitch’s brightest minds in tech, entrepreneurship, and problem-solving for an intense day of innovation, collaboration, and competition. The hackathon once again showcased the incredible potential of Africa’s tech ecosystem, with groundbreaking ideas that promise to solve real-world problems and create lasting impact

12/2/2024

Verve Partners AliExpress to Expand Global Reach, Empowering Millions of Cardholders.

Africa’s pioneering and largest domestic payment cards scheme ushers in new era of cross-border e-commerce with acceptance on AliExpress…

11/25/2024

Verve Hits 70 Million Payment Cards in Nigeria, Consolidates Market Leadership

Verve International, Africa’s 1st and largest domestic payments scheme, and an emerging reference-point in the burgeoning realm of domestic payment schemes globally, has again announced another remarkable new growth milestone, further consolidating its growing market share in Nigeria, in terms of payment card issuance and transactions.

10/15/2024

Interswitch Group Returns as Headline Sponsor for Africa’s Biggest Tech Product Conference – Inspire Africa 2024

Interswitch Group, one of Africa's leading integrated payments and digital commerce companies, has been unveiled, for the 2nd year running, as the headline sponsor for the Inspire Africa Conference, the largest gathering of product professionals in Africa, organized by the Silicon Valley Product Group (SVPG).

9/24/2024

Interswitch Partners NIBSS to Strengthen Nigeria’s Payment Infrastructure

Interswitch, one of Africa's leading integrated payments and digital commerce companies, has announced a strategic partnership with the Nigeria Inter-Bank Settlement System (NIBSS) to further enhance the efficiency and reliability of payment transactions across Nigeria.

9/19/2024

Interswitch Named 2024 Fintech of the Year at the African Fintech Summit Awards

Lagos, Nigeria, September 8, 2024 – Interswitch, one of Africa’s leading integrated payments and digital commerce companies has been awarded the prestigious Fintech of the Year and Excellence in Payments awards at the African Fintech Summit (AFTS) Excellence Awards which took place recently as part of the African Fintech Summit in Nairobi, Kenya.

9/5/2024

Quickteller Paypoint Empowers Agents with 50% Discount on CAC Registration at Regional Forum

In a strategic move to empower its agents, promote compliance, and enhance financial inclusion, Quickteller Paypoint, a leading payment platform under the Interswitch Group, recently hosted a Regional Engagement Forum in Lagos-themed Compliance and Beyond, The Road to Financial Inclusion and Empowerment. The forum, which was held yesterday, 29th, August 2024 at Ikeja, Lagos was specifically designed to assist Quickteller Paypoint’s agents who are yet to complete the mandated Corporate Affairs Commission (CAC) registration before the extended deadline of September 5, 2024.

9/2/2024

Groundbreaking Partnership: Interswitch and Elie Tech Launch Next-Gen Payment Solution in Kenya

Interswitch, which operates under the regulatory oversight of the Central Bank of Kenya (CBK) and complies with the National Payment Systems Act, 2013 and the National Payments Systems Regulations, 2014, was recently granted approval to switch and process card transactions for Tumatap merchants.

8/28/2024

Verve, adidas Renew Partnership Towards Africa’s Biggest Fitness Party, VerveLife 7.0

Verve, Africa’s leading domestic payments card and token brand, has announced a renewed partnership with leading global sportswear brand, adidas, for the seventh (7.0) edition of VerveLife, which has progressively gained acclaim as Africa’s largest and most celebrated fitness festival series.

8/19/2024

Interswitch Group and Lagos State Government Continue to Revolutionise Healthcare with Lagos SHIP

Following the recent signing ceremony to launch the Lagos State Health Information Platform (Lagos SHIP) platform,

8/15/2024

Verve Goodlife Promo 5.0: An Array of Exciting Discounts with Verve Card

Verve, Africa’s largest domestic payments card and token brand, has announced the launch of the highly anticipated 5th edition of Verve Good Life Promo, an annual initiative aimed at rewarding Verve cardholders with amazing prizes for their loyalty. Starting from August 15, 2024, to December 31, 2024, the Verve Good Life Promo 5.0 promises an exciting period filled with exclusive benefits.

8/13/2024

Verve Partners YouTube: Simplifies Payments Experience for Premium Subscribers.

In a groundbreaking move that marks a new era in digital financial transactions, Verve, Africa's largest domestic payments card and token brand, has officially partnered with YouTube, the world’s largest video-sharing platform.

7/30/2024

Interswitch Limited and Multipay Congo Announce Strategic Partnership in the Democratic Republic of Congo.

Our partnership with Multipay Congo effectively signposts our foray into the Central Africa Region, and is a response to the rapidly evolving and expanding demands of the DRC market,

6/26/2024

LAGOS STATE GOVERNMENT SIGNS CONCESSION WITH INTERSWITCH FOR LAGOS SMART HEALTH INFORMATION PLATFORM (LAGSHIP) DEVELOPMENT.

The Lagos State Government has officially signed a concession agreement with one of Africa’s leading integrated technology enablers, Interswitch, through its Healthtech subsidiary, Interswitch eClat, to develop and manage the Lagos Smart Health Information Platform (LAGSHIP).

6/18/2024

Verve & Moniepoint partner to launch debit card, expand access to financial services.

Cardholders will also be beneficiaries of Verve's reward programs among other exciting promotional initiatives. Verve and Moniepoint's collaboration is a testament to the brands' shared commitment to providing seamless and secure payment.

6/7/2024

Abraham Daramola of Hallmark School Emerges Winner of InterswitchSPAK 5.0

Abraham Daramola of Hallmark Secondary School, Ondo State, has been crowned overall winner in the fifth edition of the InterswitchSPAK National Science Competition organized by Interswitch Group. Following his outstanding performance, Abraham received a

1/22/2024

Interswitch and Opay Forge Strategic Partnership to Enhance Digital Payment Experience.

Interswitch urges both customers and merchants to embrace this transformative feature, capitalizing on the convenience, security, and flexibility it brings.

1/21/2024

Driving Digital Payment Growth: Perspectives from Interswitch at CeBIH 2023.

In the interest of strategic associations, Interswitch recognizes the impact of supporting initiatives such as the CeBIH conference,

12/18/2023

Interswitch and ACI Worldwide Consolidate Strategic Partnership to Drive Payments Modernization

Interswitch, a strategic partner of ACI for more than 20 years, will offer new innovative products and services in Nigeria and 31 other markets in Sub Saharan Africa where the payments sector

11/8/2023

Seamless Transactions, Limitless Possibilities: VIPASO and Interswitch East Africa (Kenya) Limited Usher in a New Era for Mobile Money Payments in Kenya.

Vienna Payment Solutions and Interswitch East Africa (Kenya) Limited have announced a partnership to enhance payment solutions for banks, hospitality industry players, on-the-go services, financial institutions, and retailers.

10/26/2023

Verve Partners with Sterling Bank to Unveil its First Credit Card

This partnership marks another milestone in Verve's journey as a payment brand focused on improving the lives of Africans one card at a time, deepening financial inclusion, and facilitating access to credit in partnership with card issuers.

10/10/2023

Verve and adidas announce partnership with Africa’s Biggest Fitness Series, VerveLife 6.0

Verve, Africa’s leading domestic payment cards and tokens brand, and leading global sportswear giant, adidas have announced a significant collaboration which takes the sixth (6th) edition of VerveLife, one of the

10/3/2023

Interswitch Partners Central Bank of Nigeria (CBN) to sponsor the 2nd International Financial Inclusion Conference in Lagos.

Interswitch, one of Africa's leading integrated payments and digital commerce companies, proudly announces its Platinum Sponsorship of the second edition of the International Financial Inclusion Conference (IFIC).

9/27/2023

Interswitch Launches Google Pay Support on its Payment Gateway in Nigeria.

Muyiwa Asagba, Managing Director, Digital Commerce & Merchant Acquiring at Interswitch, said, "We are proud to align with Google Pay, as it exemplifies our commitment to delivering cutting-edge payment solutions that facilitate seamless transactions.

9/11/2023

Interswitch Group Named Finalist for Forrester’s 2023 Enterprise Architecture Award For Europe, The Middle East, And Africa (EMEA)

Interswitch, alongside other Forrester Technology Award recipients will share their success stories at Technology & Innovation EMEA, a leading event for chief information officers, chief technology officers, chief digital officers

9/6/2023

Interswitch & Silicon Valley Product Group Headline 2023 Inspire Africa Conference, Africa’s largest Product Conference, in September

Interswitch Group in collaboration with Silicon Valley Product Group (SVPG), Innovate Africa Foundation and WorkNigeria, is proud to announce the 2023 Inspire Africa Conference

8/15/2023

Verve Set to Reward Consumers with Free Fuel and other Amazing Rewards in the 4th Edition of the Verve Good Life Promo

Africa's leading payment cards and digital tokens brand, Verve, has launched its highly anticipated 4th edition of the Verve Good Life Promo tagged ‘The Verve Good Life Promo 4.0’ to reward its cardholders with exciting gifts and cash prizes.

8/4/2023

Nigerians Can Now Pay Locally on Google Play Store with Verve.

Under this new arrangement, Google will process Verve transactions within Nigeria. These transactions will be undertaken in Nigerian Naira (NG), and treated as local transactions by the country's banking institutions.

7/26/2023

Interswitch Group’s Mitchell Elegbe, alongside Mastercard, Visa, and PayPal CEOs globally recognized among 2023 top Fintech CEOs

The Financial Technology Report, a global media authority in the fintech industry, has recognized the Interswitch Group Founder and CEO, Mitchell Elegbe, as one of the top Fintech CEOs for 2023, alongside other industry titans.

7/13/2023

Verve Surpasses 50 Million Payment Cards, Consolidates Market Leadership in Nigeria

Verve International, Africa’s 1st and largest domestic payments scheme has yet again announced a remarkable new milestone in its business, firmly consolidating its growing market share in Nigeria - in terms of card issuance and transactions.

7/6/2023

Mitchell Elegbe Inducted into the Prestigious EY World Entrepreneur of the Year Hall of Fame

…holds singular honour of being the first and only entrepreneur to have won in both emerging and master categories in any region globally

6/8/2023