Today we celebrate Mitchell Elegbe, aka ‘Mr. Cashless’, as he adds another year.
Through sheer determination and resilience, an idea he nursed years ago after completion of his NYSC, has grown into a billion-naira revenue company, building Nigeria’s future, particularly in the payments industry.
Being the leader and visionary he is today, it’s hard to imagine a time when things weren’t always rosy for Mitchell Elegbe. As an undergrad, he struggled to make ends meet by making a business of dubbing cassettes he borrowed from friends. Today is the Founder and Group Managing Director of Interswitch Limited.
Interswitch has grown to over N30.8 billion revenue, as at March 2015 year end, with 93% recurring revenue. One can only imagine what the future holds for Interswitch and Mr Elegbe.
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.