Interswitch expands presence in health-tech space through acquisition of eClat

NOVEMBER 2, 2019 | by eclat_healthcare

AGOS, Nigeria - Interswitch Limited, a leading technology-driven company focused on the digitization of payments in Nigeria and other African countries, has announced the acquisition of eClat Healthcare Limited, a Nigeria-based health technology company that aims to improve healthcare delivery in Africa. The deal was completed on September 30, 2019, and it involves Interswitch acquiring a 60% stake in eClat through the purchase of shares from current shareholders and subscription to new shares issued by the company.