Tagged: paystack

Payments Platform Stripe Acquires Nigerian Fintech Paystack which will Continue to Operate Independently

Payments platform Stripe has acquired Nigeria-based Paystack, which is a startup that aims to make it easier to integrate various payment services. The acquisition may be valued at over $200 million, according to TechCrunch which cited sources familiar with the matter. Patrick Collison, CEO at… Read More

African Fintech PayStack Secures $8 Million Through Series A Funding Round Led By Stripe

Paystack, an Africa-based payments platform, secured $8 million through its Series A funding round, which was led by Stripe, with participation from Visa, Tencent and Y Combinator. Founded in 2015, Paystack states that it helps Nigerian businesses accept Mastercard, Visa, and Verve cards from anyone, anywhere… Read More

Nigeria Fintech Startup Paystack Secures $1.3M During Seed Funding Round

On Monday, Nigeria-based fintech startup, Paystack, announced it raised $1.3 million during its seed funding round. Those who participated in the round included Tencent, Comcast Ventures, and Singularity Investments. The company, which was founded by Shola Akinlade and Ezra Olubi, is a Y Combinator-backed startup,… Read More

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