Volume 24

Volume 24- The Switch Newsletter

Sep 29, 2025

A Word from Mitchell - Reshaping Africa’s Story

We have always believed that the African story must be painted with bold, vibrant, colourful, and confident strokes, powered by bright ideas, prosperity, inclusion, and innovation. It also means telling stories not just of dependency, but of empowerment; and not of challenges alone, but of the creativity and determination that continue to reveal Africa as a force progressively influencing the rest of the world.In the last quarter, Interswitch recorded significant strides across sectors, building on our solid foundation of innovation and excellence. In the quarter under review, we were named by CNBC and Statista as one of the World's Top Fintech Companies 2025, a recognition that reflects Interswitch's deliberate and disciplined approach to building payment infrastructure that meets real economic needs. Across the continent, our reach continues to expand. We were named the access point provider for mandatory e-invoicing for the Federal Inland Revenue Service (FIRS) in Nigeria and the Kenya Revenue Authority (KRA) in Kenya. With this development, Interswitch is now supporting the roll-out of ambitious national e-invoicing network projects across the two countries which, by statistics, rank among the continent’s largest economies.We also unveiled a new thematic message for the Interswitch Masterbrand, showcasing the humans on the other side of the solutions we create and highlighting the often-unseen role we play in powering everyday life across Africa. From payments and transportation to healthcare, energy, education, and real estate, we are steadily and reliably powering the moments that matter in millions of lives.As we look ahead, remember that reshaping Africa’s story isn’t limited to rewriting what is but imagining and building what could be. It’s about creating technologies that are inclusive, secure, and adapted to local realities; and about enabling individuals, businesses, large corporates, communities, and governments to participate in and benefit from the digital economy. Additionally, it’s about fostering innovation ecosystems, cross-sector collaboration, and infrastructure scalability that will outlast any single campaign or technology trend.For us, one major highlight of the upcoming quarter is the 8th edition of VerveLife - Africa’s Biggest Fitness Party, and the flagship event of the VerveLife platform. In its eight years of existence, the Vervelife energy has transcended Nigeria’s borders, stretching into East Africa (Uganda and Kenya) while remaining true to its goal of uniting thousands of Africans through fitness, healthy food, and fun activities. This year’s build-up events will culminate in a remarkable finale at Eko Hotel & Suites, Victoria Island, Lagos, Nigeria, on Saturday, November 1st, 2025.To our partners, stakeholders, and everyone who has put their trust in the Interswitch vision, I thank you. Together, we are not just digitizing payments; we are shifting mindsets, unlocking multi-sectoral opportunities, and helping millions reimagine and realize a future where Africa’s story is not written for us, but defined by us, Africans.This edition, as we embrace the theme ‘Reshaping Africa’s Story’, we are reminded that every new partnership, every product launch, every community we reach is another step toward a more empowered, digitally interconnected world.Welcome to this edition of our newsletter: may it inspire you, inform you, and remind us all that Africa’s story is ours to reshape.

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We have always believed that the African story must be painted with bold, vibrant, colourful, and confident strokes, powered by bright ideas, prosperity, inclusion, and innovation. It also means telling stories not just of dependency, but of empowerment; and not of challenges alone, but of the creativity and determination that continue to reveal Africa as a force progressively influencing the rest of the world.

In the last quarter, Interswitch recorded significant strides across sectors, building on our solid foundation of innovation and excellence. In the quarter under review, we were named by CNBC and Statista as one of the World's Top Fintech Companies 2025, a recognition that reflects Interswitch's deliberate and disciplined approach to building payment infrastructure that meets real economic needs. Across the continent, our reach continues to expand. We were named the access point provider for mandatory e-invoicing for the Federal Inland Revenue Service (FIRS) in Nigeria and the Kenya Revenue Authority (KRA) in Kenya. With this development, Interswitch is now supporting the roll-out of ambitious national e-invoicing network projects across the two countries which, by statistics, rank among the continent’s largest economies.

We also unveiled a new thematic message for the Interswitch Masterbrand, showcasing the humans on the other side of the solutions we create and highlighting the often-unseen role we play in powering everyday life across Africa. From payments and transportation to healthcare, energy, education, and real estate, we are steadily and reliably powering the moments that matter in millions of lives.

As we look ahead, remember that reshaping Africa’s story isn’t limited to rewriting what is but imagining and building what could be. It’s about creating technologies that are inclusive, secure, and adapted to local realities; and about enabling individuals, businesses, large corporates, communities, and governments to participate in and benefit from the digital economy. Additionally, it’s about fostering innovation ecosystems, cross-sector collaboration, and infrastructure scalability that will outlast any single campaign or technology trend.

For us, one major highlight of the upcoming quarter is the 8th edition of VerveLife - Africa’s Biggest Fitness Party, and the flagship event of the VerveLife platform. In its eight years of existence, the Vervelife energy has transcended Nigeria’s borders, stretching into East Africa (Uganda and Kenya) while remaining true to its goal of uniting thousands of Africans through fitness, healthy food, and fun activities. This year’s build-up events will culminate in a remarkable finale at Eko Hotel & Suites, Victoria Island, Lagos, Nigeria, on Saturday, November 1st, 2025.

To our partners, stakeholders, and everyone who has put their trust in the Interswitch vision, I thank you. Together, we are not just digitizing payments; we are shifting mindsets, unlocking multi-sectoral opportunities, and helping millions reimagine and realize a future where Africa’s story is not written for us, but defined by us, Africans.

This edition, as we embrace the theme ‘Reshaping Africa’s Story’, we are reminded that every new partnership, every product launch, every community we reach is another step toward a more empowered, digitally interconnected world.

Welcome to this edition of our newsletter: may it inspire you, inform you, and remind us all that Africa’s story is ours to reshape.

Business Updates

Interswitch Hosts Student Delegation from Cambridge Judge Business School

The delegation visited as part of its student-led Nigeria Trek, to gain first-hand insights into the 23-year journey of driving payment innovation and financial inclusion across Africa.

Interswitch Named FIRS Access Point Provider for Mandatory E-Invoicing

With this development, Interswitch is now supporting the roll-out of ambitious national e-invoicing network projects across Nigeria and Kenya, two of the continent’s largest economies.

Vervelife, Africa’s Biggest Fitness Event Series Welcomes Google Play on Board

Launched eight (8) years ago, Vervelife has become Verve's flagship lifestyle and active consumer engagement initiative, revolutionizing fitness and wellness in Nigeria and beyond, while promoting a healthy lifestyle among Verve’s cardholders.

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

The recognition reflects Interswitch’s deliberate and disciplined approach to building payment infrastructure that meets real economic needs.

Interswitch Receives Enactus Nigeria Changemaker Collaboration Award

The award was presented during a courtesy visit to Interswitch’s headquarters in Lagos by a delegation from Enactus Nigeria, following the recent conclusion of the 2025 Enactus Nigeria National Competition.

Verve’s GoodLife Promo Returns with Bigger Rewards

Now in its sixth edition, the Verve GoodLife Promo is back, bigger and better than ever!

United Kingdom Government Delegation Visits Interswitch, Explores Collaboration

Discussions during the visit centred on strengthening bilateral trade ties, exploring potential collaboration opportunities, and identifying avenues for partnership to support Interswitch’s international growth and expansion plans.  

Vervelife Set to Elevate Fitness, Fun and Community Across the Continent

This year’s grand finale promises to be the biggest yet, holding at the prestigious Eko Convention Centre, Eko Hotel & Suites, Lagos, offering an elevated arena to host thousands of “Vervelifers” from across the continent. 

Interswitch Champions Africa’s Digital Growth at Moonshot by TechCabal 2025

As a Platinum Sponsor, Interswitch featured in a high-level panel session on enterprise innovation and scaling the digital economy.

Interswitch Partners with Thrive Above and Beyond Foundation

“At Interswitch, we believe in a prosperous Africa, powered by our youth. We are proud to support initiatives that not only equip young people with essential STEM skills but also help close the gender gap in tech."

Fueling the Future: Interswitch Powers Seamless Payments on the NNPC Retail App

With a real-time smart station locator, users can effortlessly find the nearest NNPC retail outlet, significantly reducing the time spent searching for fuel.

How Lagos is Digitising Blood Donation to Save More Lives

A key feature in this initiative is its integration with the Lagos Smart Health Information Platform (Lagos SHIP), the state’s flagship digital health infrastructure, powered by Interswitch’s technology infrastructure.

Interswitch Showcases Quickteller Travel at 21st Akwaaba African Travel Market 

Throughout the 3-day expo, Interswitch’s strategic exhibition and demo sessions drew the attention of stakeholders eager to explore how Quickteller Travel integrates with fintech APIs.

Interswitch’s Verve Cards Gain Rapid Adoption

While Verve is primarily known for its dominance in Nigeria, it has also expanded its global reach through partnerships like the one with Discover Financial Services. This potentially allows Verve cards to be used in over 185 countries.