Paystack
Founded Year
2016Stage
Acquired | AcquiredTotal Raised
$9.42MValuation
$0000Revenue
$0000About Paystack
Paystack allows Nigerian businesses to accept online payments via credit card, debit card, money transfer, and mobile money through an online platform and mobile apps. The company was founded in 2016 and is based in Lagos, Nigeria. On October 15th, 2020, Paystack was acquired by Stripe.
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Research containing Paystack
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CB Insights Intelligence Analysts have mentioned Paystack in 2 CB Insights research briefs, most recently on Sep 22, 2021.
Expert Collections containing Paystack
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Paystack is included in 3 Expert Collections, including Fintech 250.
Fintech 250
748 items
Payments
2,682 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Fintech
3,855 items
Latest Paystack News
Apr 17, 2023
Tech Nova is happy to announce that Paystack , one of the leading online payment platforms in Africa, will be sponsoring season 2 of our podcast series “ What’s Your Story “. Paystack is a company that enables businesses to accept and process payments online from anyone, anywhere in the world. Paystack has been supporting the growth of the African tech ecosystem by providing reliable and secure payment solutions for thousands of businesses across the continent. The “What’s Your Story” podcast features interviews with entrepreneurs, investors, developers, and experts who share their experiences and perspectives in building their careers and their businesses. Season 2 of the Tech Nova podcast officially launched on 17th April 2023 with a new episode featuring Vanessa Gyan, a Ghanaian media personality and founder of Modern Day Mom. The episode is available on all major podcast platforms. You can expect to hear from some of the most influential and inspiring people in the African tech space, such as founders, CEOs, creatives, and more. Tune in to season 2 this April and subscribe to the podcast so you don’t miss any episodes.
Paystack Frequently Asked Questions (FAQ)
When was Paystack founded?
Paystack was founded in 2016.
Where is Paystack's headquarters?
Paystack's headquarters is located at Lagos.
What is Paystack's latest funding round?
Paystack's latest funding round is Acquired.
How much did Paystack raise?
Paystack raised a total of $9.42M.
Who are the investors of Paystack?
Investors of Paystack include Stripe, Y Combinator, Tencent Holdings, Visa Ventures, Gbenga Oyebode and 18 more.
Who are Paystack's competitors?
Competitors of Paystack include Peach Payments, Hypur, Stripe, Revio, TouchBistro, Satispay, Ezetap, Moniepoint, Mono, Previse and 28 more.
Compare Paystack to Competitors
Cellulant is a pan-African payments technology company offering a single API payments platform that provides locally relevant and alternative payment methods for global, regional and local merchants. Its platform enables businesses to collect payments online and offline while allowing anyone to pay from their mobile money, local and international cards or directly from their bank. It was founded in 2003 and is based in Nairobi, Kenya.
Pine Labs offers cloud-based point-of-sale (PoS) payments solutions, allowing merchants to accept credit or debit card payments, as well as methods such as e-wallets, QR code payment solutions, and unified payments interface (UPI)-based solutions.
YapStone is a global provider of web and mobile payment technology solutions, offering a platform that powers electronic payments for international online and mobile marketplaces, including HomeAway and VRBO, as well as for targeted, large vertical markets, including apartment and vacation rentals, HOA communities, self-storage and non-profits. YapStone develops tailored payment solutions to address partner needs.
Handle Financial helps consumers thrive in their financial lives and helps businesses operate and service those consumers more effectively. The PayNearMe transaction network allows businesses and government agencies to accept cash payments in stores nationwide, including CVS Pharmacy, 7-Eleven, Family Dollar, and more. Handle Platform provides real-time bill presentment and same-day payment capabilities for a variety of financial services products. The Prism Money app empowers consumers to manage their financial lives more efficiently, giving them visibility into the money they have and tracking and same-day payments for the bills they need to pay.
Previse operates a financial platform. It uses machine learning to deliver instant payments to small businesses supplying large corporations. It was founded in 2016 and is based in London, United Kingdom.
Stripe is a financial technology company that builds economic infrastructure for the internet. The company offers an online-based, payment processing platform that gives online merchants the ability to securely accept credit card payments through the use of custom-built forms. Stripe's software and APIs allow user's to accept payments, send payouts and manage businesses online. The company serves clients globally with a use case for SaaS, platforms, marketplaces, eCommerce, creator economy, crypto and embedded finance. It was founded in 2010 and is based in San Francisco, California.
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