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Paystack

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Technologyenterprise softwarefintechpayments

Paystack is a technology company focused on payment processing. It enables businesses to accept online and offline payments via credit card, debit card, bank transfer, mobile money, etc.

TypeSubsidiary
Parent CompanyStripe
HQIkeja, NG
Founded2015
Websitepaystack.com
Paystack was founded in 2015 and is headquartered in Ikeja, NG

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Key People/Management at Paystack

Ezra Olubi

Ezra Olubi

CTO, Co Founder
Shola Akinlade

Shola Akinlade

CEO, Co Founder
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Paystack Office Locations

Paystack has offices in Ikeja, San Francisco, Accra and Sandton
Ikeja, NG (HQ)
128 Joel Ogunnaike St
Accra, GH
ComUnity_Spaces, Nikoi St, East Legon
Sandton, ZA
45 Kingfisher Dr, Fourways
San Francisco, CA, US
510 Townsend St, San Francisco
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Paystack Financials and Metrics

Summary Metrics

Founding Date

2015

Total Funding

$11.6 m

Investors

Y Combinator, Comcast Ventures, Visa, Tencent, Tencent Holdings, Justin Kan, Stripe, Spark, Michael Seibel, Singularity Investments, M&S Partners, Blue Rinc Capital, Pave Investments, KIBS-CFY Partners, Olumide Soyombo, Leonard Stiegeler, Tokyo Founders Fund
In total, Paystack had raised $11.6 m. Paystack is a subsidiary of Stripe

Paystack Operating Metrics

Oct, 2020

Customers

60 k
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Human Capital Metrics

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Paystack Online and Social Media Presence

Paystack's Trends

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Paystack News and Updates

May 06, 2021

Paystack expands to South Africa seven months after Stripe acquisition

Nigerian fintech startup Paystack has been relatively quiet since it was bought by fintech giant Stripe last October. The deal, worth more than $200 million, caused shockwaves to the African tech ecosystem and offered some form of validation to work done by founders, startups and investors alike. To…
January 24, 2021

How Nigeria is becoming a top hub for open source development, with strong community, Big Tech investments, and successful startups like Paystack which Stripe just bought for $200 million

Summary List PlacementWhen Nigerian developer Gift Egwuenu first started learning computer science as a student in 2012, she felt isolated: She was learning on her own most of the time, she told Insider.  But that changed in 2018 when she dove into the world of open source and discovered Nigeria's…
October 15, 2020

Stripe makes play for African e-commerce landscape with Paystack acquisition

Privately held financial-technology company Stripe announced Thursday that it plans to acquire Paystack, a Nigeria-based payment-processing company. Paystack already processes half of all online transactions in Nigeria, according to Stripe's release, and the company is aiming to expand across Africa…
October 15, 2020

Stripe buys Nigeria's Paystack

Stripe is stepping up its expansion into Africa through the acquisition of Lagos-based payments firm Paystack in a deal reportedly worth more than $200 million.
October 15, 2020

Stripe buys Nigeria's Paystack

Stripe is stepping up its expansion into Africa through the acquisition of Lagos-based payments firm Paystack in a deal reportedly worth more than $200 million.
October 15, 2020

Stripe acquires Nigeria’s Paystack for $200M+ to expand into the African continent

When Stripe announced earlier this year that it had picked up another $600 million in funding, it said one big reason for the funding was to expand its API-based payments services into more geographies. Today the company is coming good on that plan in the form of some M&A. Stripe is acquiring Pa…
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 Paystack Frequently Asked Questions

  • When was Paystack founded?

    Paystack was founded in 2015.

  • Who are Paystack key executives?

    Paystack's key executives are Ezra Olubi and Shola Akinlade.

  • How many employees does Paystack have?

    Paystack has 167 employees.

  • Who are Paystack competitors?

    Competitors of Paystack include Flutterwave, Bridge and i3 Verticals.

  • Where is Paystack headquarters?

    Paystack headquarters is located at 128 Joel Ogunnaike St, Ikeja.

  • Where are Paystack offices?

    Paystack has offices in Ikeja, San Francisco, Accra and Sandton.

  • How many offices does Paystack have?

    Paystack has 4 offices.