Interswitch Bank: How Dangote and Indomie Noodles Strategies Shaped My Recommendation

Interswitch Bank: How Dangote and Indomie Noodles Strategies Shaped My Recommendation
The LinkedIn feedback on my piece that Interswitch could get a bank license is deep. Many commenters noted that (1) It would compete with banks, its major clients and (2) That Interswitch should focus on making sure that customer experiences are improved noting that “decline and irrelevant debit on customers still occur and are not immediately corrected” seems common. I will re-explain that (1) is irrelevant because the banks are now (partially) competing with Interswitch through parallel partnerships with companies like Visa and MasterCard. Even if they supported Interswitch, that agreement could be upgraded. Certainly, they will not want a company that…
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