Interswitch Forms Business Combination with Paynet Group

Posted on by wademinnie | 9762 Views | 13 min read

Interswitch Transnational Holding, the leading pan-African integrated payments company, announces it has reached a partnership agreement with the Paynet Group, East Africa’s leading multi-institutional payments provider, to combine its businesses. Interswitch will acquire a majority shareholding in Paynet Group and unrivalled  existing shareholders will become shareholders of the Interswitch Group. Bernard Matthewman, current CEO of Paynet,

Kopo Kopo Mobile Money Merchant Services Platform Secures $2.6 Million in Financing

Posted on by wademinnie | 13283 Views | 8 min read

Kopo Kopo, a merchant services platform serving thousands of businesses in East Africa, announced that it raised $2.6 million in Series A financing. Javelin Venture Partners led the round with Vinod Khosla’s Impact Fund, an existing investor. Accion Venture Lab also participated. Noah Doyle of Javelin Venture Partners will join Kopo Kopo’s board of directors.