Interswitch Champions Innovation and Financial Inclusion – Named Fintech of the Year, wins Excellence in Payments Award at Africa Fintech Summit 2024
Interswitch Champions Innovation and Financial Inclusion – Named Fintech of the Year, wins Excellence in Payments Award at Africa Fintech Summit 2024
ALIMOTU SHADIAT
Interswitch, one of Africa’s leading integrated payments and digital commerce companies, has reaffirmed its unwavering commitment to advancing innovation and financial inclusion across Africa through its cutting-edge solutions.
This dedication was recognised at the 2024 Africa Fintech Summit (AFTS), where Interswitch emerged as the Fintech of the Year, and received the Excellence in Payments award.
These awards celebrate the company’s exceptional achievements in product innovation, market impact, and contributions to Africa’s fintech ecosystem.Peter Kawumi, Managing Director, Interswitch East Africa, highlighted these efforts during a panel discussion titled ‘Open Banking, AI and Emerging Technologies in Financial Services Delivery, which held during the summit in Nairobi, Kenya.
Kawumi emphasised the impact of Interswitch’s suite of products, including the widely renowned payment card, Verve Card, in enhancing access to financial services and delivering seamless payment solutions to cardholders.
He also underscored the company’s focus on expanding financial accessibility across Africa, calling for industry-wide collaboration to address the continent’s financial inclusion challenges.
He stated,
“Interswitch is fully committed to advancing financial inclusion across Africa. Our suite of tailored and seamless products play a crucial role in improving access to financial services and transforming the digital payment landscape.To effectively address the challenges of financial inclusion and create a robust financial ecosystem, it is essential for industry players to embrace collaboration and deliver innovative, seamless solutions to customers.”
The Africa Fintech Summit, since its inception in 2018, has grown into a premier gathering of industry leaders, innovators, and investors, showcasing the latest advancements in financial technology from across the continent.
During another panel session titled ‘Focus on Kenya – The Silicon Savannah’s Digital Future’ Jonah Adams, Managing Director, Digital Infrastructure and Managed Services (Interswitch Systegra), shared insights into Interswitch’s contributions to Kenya’s fintech ecosystem.
Adams highlighted the company’s role in building Kenya’s digital payment infrastructure and positioning the country as a leading fintech hub.“Interswitch is dedicated to advancing the Silicon Savannah by enhancing the digital payment ecosystem through cutting-edge technology and robust infrastructure.
Our focus is on delivering seamless payment solutions and supporting innovative technologies to position Kenya as a competitive fintech hub,” Adams remarked.
As a Gold Sponsor of AFTS 2024, Interswitch showcased its leadership in the fintech space, engaging with key industry stakeholders, investors, and innovators. The three-day event served as a platform for discussions around the latest trends, opportunities, and challenges within Africa’s rapidly evolving fintech landscape.The AFTS Excellence Awards was part of the activities to mark the African Fintech Summit, where Interswitch stood out among a highly competitive pool of African fintechs, startups, and ecosystem enablers.
This recognition underscores the company’s unwavering commitment to innovation, excellence, and its focus on creating technology solutions that empower individuals, businesses, and communities across the continent.With a relentless drive for innovation, industry collaboration, and financial inclusion, Interswitch continues to feature as a key player in shaping Africa’s digital economy.
Its participation at the Africa Fintech Summit further cements its position as a leader in delivering transformative solutions that are redefining the financial services landscape across the continent.
