Paystack logo
FintechVC-backedAcquired
Lagos, Nigeria · Founded 2015

Paystack

Payments infrastructure for Africa

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About Paystack

Paystack is the payments infrastructure backbone for Africa, enabling businesses across the continent to accept online and offline payments seamlessly. Acquired by Stripe for $200M, Paystack continues to operate independently, processing billions in transactions annually for 60,000+ businesses in Nigeria, Ghana, Kenya, and South Africa.

Paystack website preview

Screenshot of Paystack (paystack.com) — Payments infrastructure for Africa

Company facts

Category
Fintech
Funding stage
Acquired
Total raised
$200M
Founded
2015
Team size
200–500
HQ
Lagos
Country
Nigeria
Website
paystack.com

Founders of Paystack

  • Shola Akinlade
  • Ezra Olubi

Investors backing Paystack

  • Stripe
  • Visa
  • Y Combinator

Frequently asked questions

What does Paystack do?

Paystack is the payments infrastructure backbone for Africa, enabling businesses across the continent to accept online and offline payments seamlessly. Acquired by Stripe for $200M, Paystack continues to operate independently, processing billions in transactions annually for 60,000+ businesses in Nigeria, Ghana, Kenya, and South Africa.

Where is Paystack based?

Paystack is based in Lagos, Nigeria.

When was Paystack founded?

Paystack was founded in 2015.

How much has Paystack raised?

Paystack has raised $200M in their Acquired round.

Who founded Paystack?

Paystack was founded by Shola Akinlade, Ezra Olubi.

Who has invested in Paystack?

Paystack is backed by Stripe, Visa, Y Combinator.

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