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Helios-backed Interswitch invests $1mln in SlimTrader

Image Credit: Forbes

Digital payments and e-commerce company Interswitch is making a $1 million investment in SlimTrader, a Nigerian turnkey e-commerce solutions provider. The startup will use the capital to ram up its operations and expand the presence of MoBiashara, its flagship product, in the hospitality sector. Interswitch, which launched a $10 million ePayment Growth Fund in February this year, is majority-owned by Helios Investment partners, Adlevo Capital and the IFC.

Read more at Disrupt Africa…

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