Mitchell Elegbe Biography: Age, Wife, Family & Net Worth


Become part of our Forum (Welcome) CLICK HERE....

Mitchell Elegbe Biography: Profile, Age, Wife, Family, email address, Net Worth & Pictures

Mitchell Elegbe is a Nigerian entrepreneur, engineer and philanthropist born on November 14, 1973.

READ ALSO: 4 Cool Things You Probably Never Knew Your Android Phone Could Do

Mitchell is a graduate of Electrical Engineering from the University of Benin (UNIBEN), Edo state. Mitchell Elegbe Biography: Age, Wife, Family & Net Worth

He is also an alumnus of the Global CEO Program organized by IESE Business School, The Wharton School and China Europe International Business School (CEISBS) for senior executives of organizations.

Elegbe is the managing director and Chief Executive Officer of Interswitch, an integrated payment and transaction company in Nigeria.


Mitchell Elegbe began his career with Computer Systems Associates (CSA), a software implementation company connecting banks to the Society for Worldwide Interbank Financial Telecommunications (SWIFT).

He then got a job as a business developer at Telnet, an ICT engineering and consulting company before he later moved to Schlumber Wire line & Testing in Scotland as a field engineer.

While in Scotland, he had his first experience with an automated teller machine (ATM) where the machine had seized his card and hence felt embarrassed.

During this era, there were no ATM machines in Nigeria and that had gave rise to the thought by Mitchell to have an automated teller machine in Nigeria. He decided to bring an idea to bring about a payment system that would make the electronic payment a reality in the country.

READ ALSO: Oghene Karo ‘Kirachaana’ Biography: Age, Family, Boyfriend, Phone number, Net Worth & Pictures

On his return to the country, Mitchell was reemployed by Telnet telecommunications where he told his boss about the electronic payment idea and was authorized to carry it out.

Mitchell Elegbe Pictures

However, the whole idea didn’t go as planned and so he started selling the software for switching but most players he sold to were not interested and this had gave rise to him creating Interswitch in order to meet his targets.

Elegbe founded Interswitch in 2002 with the sole aim to ease the burden of money transfer, cash deposits and withdrawals in Africa.

The name” Interswitch” which was coined from international, interconnect, interactive and then ‘The Switch’, has help to change the face of electronic payments in Nigeria.

READ ALSO: Dr Dorlor Biography: Age, Songs, Net Worth & Pictures

Some of the products owned by Interswitch include:

  • Verve – One of the most used payment card in Nigeria.
  • Quickteller – An online payment platform.
  • Retailpay – A mobile business handling platform.
  • Smartgov – An infrasture that manage identity and e-payment infrastructure for state governments.

Awards & Recognition

  • CBNBC/Forbes All African Business Leader (AFBLA) for West Africa.
  • Ernst and Young Entrepreneur of the Year Award.
  • Harvard Business School Association (Nigeria) Leadership Award in the General Management category.
  • Financial Technology (Fintech) Africa Awards, Payments and Transfer category in 2016.

READ ALSO: Speroach Beatz Biography: Real Name, Brother, Songs, Wikipedia & Pictures

Personal Life

Mitchell is married to Mrs Mercy Elegbe and their union is blessed with three children

Net Worth

Mitchell Elegbe is one of the most influential Nigerian entrepreneur with an estimated net worth of $26 billion according to online sources.


  • Address: Plot 1648C, Oko-Awo Close, Victoria Island. Lagos, Nigeria.
  • Telephone Number: 01-62XX888, 081XXX276XX
  • Emmail address: [email protected][email protected]
  • Website:

Social Media Profile

  • Twitter: @MitchellElegbe
  • Linkedin: Mitchell Elegbe

Join Over 100,000+ readers to receive latest Educational News:

  •  Like Our Facebook Page
  •  Join (our) Legitsource WhatsApp Group
  •  Follow Us on Twitter
  •  Receive FREE Daily Updates via Email

  • If you think this post can be helpful to somebody else, please share it now!

    Follow Us

    Meet The Author
    Ls Admin is the founder and editor of Legitsource.Com.Ng. He loves to share education news and some persons net worth - biography from various sources to keep readers informed.
    You can connect with him on Twitter.
    Leave a Comment