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FinTech news in helios investment partners category

African FinTech Interswitch raised a down round of $110M

African payments company Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its digital payment services across the continent, the two private investment firms said in a statement Wednesday. Alongside existing investors, LeapFrog and Tana plan to work with management to continue to drive Interswitch’s pan-African strategy.