Nigeria’s Interswitch hits $1billion valuation with Visa investment

Posted by - November 12, 2019

Nigeria’s digital payments firm Interswitch said Visa has acquired a minority equity stake in the firm, TechCrunch has reported. “The investment makes Interswitch one of the most valuable African fintech businesses with a valuation of $1 billion,” Interswitch said in a press statement. The Visa investment could create the first of two market distinctions for

Mastercard, Visa, others exit Facebook’s Libra project

Posted by - October 14, 2019

Facebook’s efforts to establish a global digital currency called Libra suffered a setback as eBay, Stripe, Mastercard and Visa all said they were leaving a group of companies aiding the project. The companies join PayPal which exited the Libra Association just a week ago, as global regulators continue to air concerns about the project. “Visa

Dubai Visa: Zenith Bank introduces online application

Posted by - July 30, 2019

One of most innovative financial institutions in Nigeria, Zenith Bank has introduced a new feature on its internet banking platform that allows to customers apply for Dubai Visa and make the associated Visa fee payment effortlessly. The bank said in Lagos recently that the new offering was aimed at creating a more convenient and efficient

Visa to Boost Cross-border Payments

Posted by - June 24, 2019

It is expected to give financial institutions the ability to quickly and securely process high-value corporate cross-border payments globally. Visa B2B Connect launch would cover 30 global trade corridors, with an aim to expand to as many as 90 markets by end of 2019. Announcing the initiative, Global Head of Visa Business Solutions, Kevin Phalen,

Visa outlines strategies for Ghana as new country manager is unveiled

Posted by - April 1, 2019

Payments technology company, Visa, has set up a dedicated office in Ghana in a bid to build stronger relationships with its partners in the country. Country Manager for Visa Ghana, Adoma Peprah, said although the payments solution provider has been operating in Ghana for over ten years, it has done so from its Nigeria office.