Nigerian fintech Interswitch is in discussions with Kenya’s Equity Bank about following the lender into the Democratic Republic of Congo (DRC), managing director Mitchell Elegbe tells The Africa Report.
Discussions about following the bank into the DRC are at an “early stage”, Elegbe says.
Equity Bank operates in the DRC as Equity BCDC, the country’s second-largest bank by assets. The bank and Interswitch in June announced a partnership that will give Equity access to banking services at some 650 Interswitch-enabled ATMs in Uganda.
