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financetech
About
Paystack is a Nigerian financial technology (fintech) company that provides online and offline payment solutions to businesses across Africa. Founded in 2015 by Nigerian computer science graduates Shola Akinlade and Ezra Olubi, the company was accepted into Y Combinator’s startup accelerator in 2016, where it received early-stage funding in Silicon Valley. Paystack publicly launched later that year. By 2020, it was serving over 60,000 businesses and was acquired by Stripe for over $200 million, making it the largest startup acquisition to date from Nigeria and Stripe’s biggest acquisition at the time. The Paystack operation covers Finance And Tech. Its headquarters and primary operations are based in Lagos. Nigeria's leading online payment gateway, acquired by Stripe. Powering 60,000+ Nigerian businesses to accept payments from customers worldwide. Profile compiled from public sources including Wikipedia's article on Paystack (accessed July 2026).
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