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.
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.
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.
NEW REPORT: Nigerian startups raised $28.35m in Q2 2020; only about 4.5% of that came from local investors. Find out more in the full report.
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