US seed-stage accelerator, Y Combinator released its updated Top Companies list which includes companies with $150m+ in valuation. Flutterwave is the only African startup on the list despite Paystack&…
Why Paystack’s acquisition should be a policy turning point in Nigeria
Against the backdrop of a market filled with uncertainty and confusing policies, US payments giant, Stripe, acquired Nigerian payments company, Paystack. How will this shape future policies that affec…
What Paystack acquisition means for the Nigerian startup ecosystem
Last week, Stripe announced its acquisition of Paystack for more than $200 million. As the five-year-old startup continues to operate independently, we take a look at the possible impacts of the deal.…
Paystack has been acquired by Stripe in a deal rumoured to be over $200m
For many in the Nigerian tech ecosystem, it was just a matter of time before this happened. Stripe, the lead investor in Paystack’s Series A funding has acquired the Nigerian payments startup fo…
The Paystack saga is a reminder that people should carefully read terms and conditions
While it is a known fact that most terms and conditions are incredibly long and hard to read, the Paystack-orgy saga subtly reminds us of their importance.…
The Great Stack: Paystack is building an army of exceptional execs
Paystack, a Nigerian payment startup that started with two software engineers as co-founders in 2015, has grown to a 112-person team in 2020. What isn’t obvious, however, is the rich background of its…
In conversation with Abdulrahman Jogbojogbo, product marketer at Paystack, on Wix integration and Paystack Commerce
With a number of fintech startups venturing into the eCommerce space, we try to understand why Paystack is doing so in this interview with Abdulrahman Jogbojogbo, a product marketer at the startup.…
Lambda School has opened applications to its online coding school for the first time in Africa
US-based Lambda School, in collaboration with Nigeria’s Paystack, has launched an African pilot of its income-sharing tuition based online coding school, starting with 5 African countries. You c…
Why Paystack, Flutterwave stopped issuing PoS machines
A few months ago, two of the most prominent fintech startups in Nigeria, Flutterwave and Paystack began issuing Point of Sale (PoS) machines to their merchants. However, a couple of weeks ago, they su…
Paystack secures $8 million Series A funding round
Nigerian fintech startup, Paystack has just announced a Series A funding round of $8 million, surprisingly backed by American fintech company, Stripe and a host of other foreign investors.…
Paystack partners Truecaller to boost verification process
Paystack partners with Truecaller to enable more African businesses accept online payments…
Exclusive tour of Paystack HQ: Home for geeks
As the first Y Combinator-backed startup to originate from Nigeria, Paystack has gained traction in the last two years with merchants such as Domino Pizza, Taxify, GIG Group, among others handling onl…
Paystack’s not-so-subtle attempt to send a clear message to competitors
Yesterday, Paystack announced that it raised the sum of $1.3 million from a funding round led by a legion of investors, that included both foreign and Nigeria’s own SPARK. Paystack is among a few list…
Paystack raises $1.3m in seed investment from local and international investors
Nigerian FinTech startup, Paystack just announced raising a seed investment of $1.3m from major investors, including Nigeria’s owned SPARK. This is the second highest amount ever to be raised, b…
Paystack is pushing the limit of ‘normal’ within online payments in Nigeria
If you’ve been following the trends around online payments in Nigeria, you’d quite agree that the space has evolved from “shambolic”, at the turn of the last decade, to something at …
3 African startups make Y Combinator Demo Day 2016
Twice a year, the latest batch of startups in Y Combinator’s incubator program get a chance to showcase their products to a set of invited guests in Mountain View California and these events are…