By Sulaimon Salau
Verve International, a payments scheme and a subsidiary of the Interswitch Group, has been named in the first-ever Global Payments Power 50 list of the most innovative companies driving innovation and transformation in the global payments industry.
Commenting on the development, the Managing Director for Payment Cards and Tokens at Interswitch and CEO for Verve International, Vincent Ogbunude, said: “We are thoroughly delighted at Verve International and Interswitch with this global recognition on the Payments Power 50 list for 2025, as we continue to consolidate our delivery of global-standard payment solutions essentially tailored to economic and operational realities of the markets where we play across Africa, whilst leveraging value-adding partnerships that ensure we scale our impact and turbo-charge financial inclusion on the African continent.
“We are grateful to all our customers and partners, and indeed all our colleagues whose passion and consistent hard work have invariably facilitated the feat.”
Chief Executive Officer of The Power 50, Jason Williams, said: “Each year, The Power 50 celebrates the standout talent within the fintech community, showcasing ground-breaking companies and influential leaders from across the globe.
“Earning a place on The Power 50 is a testament to the impact individuals and businesses are making in shaping the future of fintech. It also serves as a trusted benchmark for excellence in the industry.”
The Power 50 produces annual guides showcasing the most influential and innovative companies, along with visionary personalities shaping the Fintech and Payments industry.
Each year, 40 innovative companies and 10 of the world’s top influencers are selected. The initiative serves as a vital reminder of the significant achievements within financial technology and highlights those driving positive transformation in financial services.Members of this 2025 inaugural cohort of The Payments Power-50 will be celebrated at the Payments Power 50 Launch Party in London.
