Interswitch Pursues PSB License After Merging with M-Kudi: What's Next?

Interswitch Pursues PSB License After Merging with M-Kudi: What's Next?

#business
#banking
#fintech
#banking
#payments
Interswitch, backed by Visa, embarks on a new phase with its merger with M-Kudi, eyeing a payment service bank (PSB) license from Nigeria's Central Bank. But what does this mean for the fintech giant and the future of banking in Nigeria?

Interswitch, in collaboration with M-Kudi, seeks regulatory approval for a PSB license, potentially reshaping Nigeria's banking landscape with innovative services and increased financial inclusion 🌍💳. Despite challenges, including regulatory restrictions, the move signifies a strategic shift in Interswitch's approach towards offering comprehensive financial solutions to its customers.


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