Interswitch: valuation, funding rounds and share price

The most recent valuation reported for Interswitch in the deals we track is $1B (Implied post-money valuation based on $200M for ~20% stake; confirmed by Interswitch and multiple reports.), reported with its Private Placement in November 2019. Source: Visa acquires minority stake in Interswitch for $200M at $1B valuation.

Interswitch has raised $200M across 1 disclosed round tracked by Africa Markets. Valuations are as reported at announcement and may not reflect current value.

No. Interswitch is a private company and its shares are not listed on a stock exchange, so there is no public Interswitch stock price. The most recent valuation reported was $1B in November 2019.

Interswitch also appears as INTE in the Africa Markets trading demonstration, a members-only preview of our marketplace. Prices there come from a demonstration call auction in which members trade with demo cash; they are not real market prices, not a valuation of Interswitch, and no real shares change hands. Members can view INTE in the demonstration.

Interswitch provides integrated digital payment and transaction processing services, including switching, card issuance via its Verve scheme, merchant acquiring, and online payment solutions such as Quickteller. It operates point-of-sale terminals, ATMs, and digital platforms that connect banks, merchants, billers, consumers, and government entities.

The company serves banks, financial institutions, merchants, and governments primarily in Nigeria, where the majority of revenue is generated, with operations and partnerships extending to over 20 other African countries. Its business model combines infrastructure provision (switching and processing) with proprietary products like the Verve card scheme (one of Africa's largest domestic debit networks) and value-added services in sectors including healthcare, energy, and real estate.

Interswitch is private equity-backed and remains one of Africa's pioneering payments companies, having driven the shift from cash to digital payments since its inception.