Africa Courier Expresss (ACE.ng) and Interswitch today signed the $850, 000 investment contract which was part of Interswitch $10 million ‘ePayment Growth Fund’. Tunde Kehinde and Ercin Eksin the Co-Founders of ACE.ng today signed the investment contract with Founder and CEO of Interswitch Mitchell Elegbe.
Techpoint.ng was represented at the signing. Here are exclusive pictures from the event.
ACE.ng and Interswitch sign contract
About ACE.ng
Launched in November 2013 by Tunde Kehinde and Ercin Eksin, ACE currently provides reliable third-party logistics, tracking and pay-on-delivery (cash and electronic) services for retail businesses in Nigeria. Since launch, ACE has established physical presence in 5 cities across Nigeria, has shipped to almost 100,000 customers, and is currently supporting a number of blue chip clients and is experiencing growing demand for its services across several sectors.
About Interswitch
Interswitch Limited is an electronic transaction switching and payment processing company with a business footprint that covers the provision of shared, integrated message broker solutions for financial transactions, e-commerce, telecoms value-added services and e-billing in the Nigerian environment.
The company is an independent, private sector led, limited liability Company focused on facilitating the exchange of value between service providers (financial, telecommunications and utilities), merchants, their customers, & other stakeholders on a timely and continuous basis nationwide.
Jan. 18: Bonus Built in Africa episode: Town Hall meeting with Peter Salovey, President of Yale University
On March 25, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship. Location: Fourpoint by Sheraton, V.I. Lagos
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
Co-founder & Publisher of Techpoint.africa. Interested in: Technology | Media | Startup | Education | Africa. Get in touch.
Twitter: @AdewaleYusuf_
