Interswitch, the leading pan-African integrated payments processing and transaction switching company, is delighted to announce it has been ranked 1st on the Deloitte Technology Africa Fast 50 2014, a ranking of the 50 fastest growing technology companies in Africa. Rankings are based on percentage revenue growth over five years.
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Interswitch Transnational Holding (“Interswitch”), the leading pan-African integrated payments company, announces it has reached a partnership agreement with the Paynet Group (“Paynet”), East Africa’s leading multi-institutional payments provider, to combine its businesses. Interswitch will acquire a majority shareholding in Paynet Group and Paynet’s existing shareholders will become shareholders of the Interswitch Group.