Interswitch
VC Fund
Lagos, Nigeria
Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. The company started operations in 2002 as a transaction switching and electronic payments processingcompany that builds and manages payment infrastructure as well as deliver innovative payment products and transactional services throughout the African continent.
- Total investments:
- 5
- Last investment:
- Lead investor:
- 20%
- Fund size:
- $10M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries Interswitch invests in
Stages Interswitch invests in
Countries Interswitch invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $1.5M–$2.6M
Investment Focus
Industry
- Logistics 2 (40%)
- Transportation 2 (40%)
- Apps 1 (20%)
- Mobile 1 (20%)
- Travel 1 (20%)
Stage
- Seed 3 (60%)
- Series A 1 (20%)
Country
- Nigeria 2 (40%)
- Kenya 1 (20%)
- United States 1 (20%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Akeem Lawal
Divisional Chief Executive Officer
|
Divisional Chief Executive Officer | Total investments: 0 | Find email | |
Chinyere Don-Okhuofu
Divisional Chief Executive Officer, Sales Networks
|
Divisional Chief Executive Officer, Sales Networks | Total investments: 0 | Find email | |
Mitchell Elegbe
Founder, Group Managing Director & CEO
|
Founder, Group Managing Director & CEO | Total investments: 0 | Find email | |
Ope Adeoye
Manager, Strategy & Alliances
|
Manager, Strategy & Alliances | Total investments: 0 | Find email | |
Imogen Joss
Non Executive Director and Chair or Remuneration Committee
|
Non Executive Director and Chair or Remuneration Committee | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
OkHi
|
OkHi is a digital addressing system for emerging markets. The company wants to solve the lack of a physical address system in Kenya and beyond. They are building the next generation address system. This system will unlock commerce through enhanced logistics, save lives through improved emergency services, and grow access to finance through betterpersonal identification. | $1.5M / Seed / Mar 09, 2022 | |
Shuttlers
|
Shuttlers is a platform that offers mobility solutions by providing scheduled bus-sharing services for the professionals within the region. | $1.6M / Seed / Nov 16, 2021 | |
|
OkHi
|
OkHi is a digital addressing system for emerging markets. The company wants to solve the lack of a physical address system in Kenya and beyond. They are building the next generation address system. This system will unlock commerce through enhanced logistics, save lives through improved emergency services, and grow access to finance through betterpersonal identification. | $1.5M / Seed / Aug 24, 2020 | |
SlimTrader
|
SlimTrader is an e-commerce and mobile commerce firm. Its platform, MoBiashara, seeks to relieve the burdens associated with everyday transactions in developing countries by providing the missing link to completting these important activities: easy and affordable access. The company has developed the first platform in Africa that allows consumersto purchase services or shop for goods with their mobile devices. | $1M / Series A / Oct 20, 2015 | |
ACE - Africa Courier Express
|
ACE (Africa Courier Express) is an African enterprise that engages in delivering logistics solutions to both businesses and consumers. | $2.6M / Seed / Feb 16, 2015 |
Co-Investors
Chapel Hill Denham
3 deals together
Betatron Venture Group
2 deals together
Exfi
2 deals together
54 Collective
2 deals together
Co-Creation Hub Nigeria
1 deal together
Consonance Investment Managers
1 deal together
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FAQ
What does Interswitch invest in?
Interswitch invests primarily in Logistics, Transportation and Apps startups, most often at Seed and Series A stage. Most of the 5 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is Interswitch's check size?
Interswitch typically joins rounds of $1.5M–$2.6M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Interswitch participates in.
How do I contact Interswitch?
Public channels for Interswitch include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Interswitch?
The team at Interswitch includes Akeem Lawal (Divisional Chief Executive Officer), Chinyere Don-Okhuofu (Divisional Chief Executive Officer, Sales Networks) and Mitchell Elegbe (Founder, Group Managing Director & CEO). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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