Strategic Partnership · Card Issuing · 2024

Visa and EFT Corporation five-year partnership for African digital payments

EFT Corporation announced five-year strategic partnership with Visa on October 31, 2024.

Primary
EFT Corporation
Counterparty
Visa
Amount
$1.0B
Structure
five-year strategic partnership
Date
October 31, 2024
Sub-sector
Card Issuing

Visa commits $1B investment to support EFTCorp's card issuing and payments infrastructure across Africa, targeting 250M new consumers entering market by 2030.

Primary company
EFT Corporation
Counterparty
Visa
Amount
$1.0B
Event date
October 31, 2024
Sub-sector
Card Issuing
HQ
Not disclosed
Structure
five-year strategic partnership
Source published
October 31, 2024
Publisher
HapaKenya

Source: hapakenya.com