CEO & Founder, Interswitch
Search every verified Mitchell Elegbe interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Mitchell Elegbe, founder and CEO of Interswitch, received a Special Achievement Award at the Silverbird Group's Man of the Year Awards 2025. In his acceptance speech, Elegbe said that 23 years ago a group of young Nigerians with no experience in banking or payments sought to address the problem of having to queue in banks to access their own money. He stated that the Nigerian payment system is now one of the most advanced in the world, where a transaction gives the recipient immediate value. Elegbe dedicated the award to Interswitch's 1,600 staff and thanked his wife, Mercy, for her support.
“I felt Nigeria especially had a very big challenge because the infrastructure to exchange value was lacking, so I thought perhaps that was the problem to solve: the ability to exchange value in real time.”
“Money is important but not at the expense of a good name.”
“The problem is we need more than one Dangote. We need many Dangotees in many areas.”
“The way I treat corruption is this: it's cost of sale. If a bank charges 24% interest I see it as a cost and simply ask whether I can still do this business and make a profit.”
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In this episode, we sit with a true African innovator, Mitchell Elegbe, Founder and Group Managing Director of Interswitch. From envisioning a continent where digital payments power everyday life to building one of Africa’s fastest-growing tech companies, Mitchell’s journey is a masterclass in resilience, innovation, and strategic leadership. He founded Interswitch in 2002 and transformed a simple idea into a pan-African digital payments ecosystem that revolutionised how millions transact daily. His groundbreaking work has earned global recognition, including the prestigious EY Entrepreneur…
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... not totally strangers and every one of them this was two years ago told me Mitchell we know your company but Nigeria no no no ...
22 years ago, Interswitch Group and ACI Worldwide revolutionized real-time payments in #Nigeria, uniting banks in one network ...
On Saturday, July 8, Founders Connect: Live in Lagos came to life at Zone Tech Park, Gbagada, Lagos. The event brought together players within the Nigerian tech ecosystem, among them Mitchell Elegbe, the Founder of Interswitch, who delivered the opening address where he went over the stages of building a successful business and offered valuable advice. 0:00 - Introduction 2:53 - The Journey of Entrepreneurs 3:52 - Have a Vision 5:27 - Vision should be Tied to Problem-Solving 8:44 - Greiner Growth Curve ---------------------------------- We did it in Lagos, and now we're coming to London!✨…
Interswitch Group Founder/Group CEO and EY West Africa Master Entrepreneur Of The Year 2023, Mitchell Elegbe spoke to Fifi ...
As it's said in life, time and again, you need to look back to be able to move forward… Wednesday, December 4, 2002 Exactly ...
Mitchell Elegbe is the founder and group CEO of Interswitch Nigeria. After Experiencing the ease of payments in the UK and Europe, Mitchell determined that Nigeria deserved a better payment system and went to work. He talks with Benjamin Dada on The Big tech Show. 00:26 Introduction 00:59 Benjamin Starts Conversation With Mitchell Elegbe 02:55 Funding 06:00 How Did Interswith Grow? 09:35 Creating a Balance Between Product and Infrastructure 14:56 Staff Retainment Strategy 19:16 e'Clat Healthcare 22:00 Interswitch IPO Watch the Full Episode of The Big Tech Show here: • The Big Tech Show…
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