# Interswitch

> Interswitch is a VC fund in Lagos backing Logistics and Transportation. See 5 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Lagos, Nigeria
- Total investments: 5
- Last investment: Mar 2022
- Lead investor: 20%
- Fund size: $10M
- Last fund: Feb 2015
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/interswitch-limited/
- X (Twitter): https://twitter.com/InterswitchGRP
- Website: https://www.interswitchgroup.com/
- Facebook: https://www.facebook.com/InterswitchGroup

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.

## Contacts

5 contacts available for Interswitch. Shizune tracks 5 team members at Interswitch. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/interswitch-inc?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$2.6M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Logistics | 2 | 40% |
| Transportation | 2 | 40% |
| Apps | 1 | 20% |
| Mobile | 1 | 20% |
| Travel | 1 | 20% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 60% |
| Series A | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 2 | 40% |
| Kenya | 1 | 20% |
| United States | 1 | 20% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Akeem Lawal | Divisional Chief Executive Officer | 0 | https://shizune.co/investors/profile/akeem-lawal |
| Chinyere Don-Okhuofu | Divisional Chief Executive Officer, Sales Networks | 0 | https://shizune.co/investors/profile/chinyere-don-okhuofu |
| Mitchell Elegbe | Founder, Group Managing Director & CEO | 0 | https://shizune.co/investors/profile/mr-mitchell-elegbe |
| Ope Adeoye | Manager, Strategy & Alliances | 0 | https://shizune.co/investors/profile/ope-adeoye |
| Imogen Joss | Non Executive Director and Chair or Remuneration Committee | 0 | https://shizune.co/investors/profile/imogen-joss |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 |  |

5 of 5 investments shown.

## Co-investors
- [Chapel Hill Denham](https://shizune.co/investors/profile/chapel-hill-denham) — VC Fund, 3 deals together
- [Betatron Venture Group](https://shizune.co/investors/profile/betatron-venture-group) — VC Fund, 2 deals together
- [Exfi](https://shizune.co/investors/profile/exfi) — VC Fund, 2 deals together
- [54 Collective](https://shizune.co/investors/profile/founders-factory-africa) — VC Fund, 2 deals together
- [Co-Creation Hub Nigeria](https://shizune.co/investors/profile/co-creation-hub-nigeria) — VC Fund, 1 deal together
- [Consonance Investment Managers](https://shizune.co/investors/profile/consonance-investment-managers) — VC Fund, 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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