Paystack

Paystack is an online fintech platform that provides payment processing and recurring billing solutions for individuals and businesses. Read more

139 Followers on Owler
139 Followers on Owler
139 Followers on Owler
139 Followers on Owler

Paystack

Paystack is an online fintech platform that provides payment processing and recurring billing solutions for individuals and businesses. Read more

Shola Akinlade's photo - Co-Founder & CEO of Paystack

Co-Founder & CEO

Shola Akinlade

CEO Approval Rating

81/100

Founded:

2015

Status:

PAYSTACK TOP COMPETITORS OR ALTERNATIVES

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Flutterwave has been one of Paystack's top competitors. Flutterwave's headquarters is in San Francisco, California, and was founded in 2016. Like Paystack, Flutterwave also competes in the Fintech field. Flutterwave generates 110% of Paystack's revenue.

VoguePay is one of Paystack's top rivals. VoguePay is a Private company that was founded in Ikeja, Lagos in 2012. Like Paystack, VoguePay also works within the Fintech industry. VoguePay has 50 fewer employees vs. Paystack.

Remita is perceived as one of Paystack's biggest rivals. Remita was founded in 2006, and is headquartered in Lagos, Lagos. Like Paystack, Remita also competes in the Fintech sector. Remita generates $8.2M less revenue vs. Paystack.

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Paystack Acquisitions

No recent acquisitions found related to Paystack

Paystack Funding History

Since Paystack was founded in 2015, it has participated in 2 rounds of funding. In total Paystack has raised $11.5M. Paystack's last funding round was on Aug 2018 for a total of $10.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series A
Aug 2018
$10.2M
Seed
Dec 2016
$1.3M

Tencent

Since Paystack was founded in 2015, it has participated in 2 rounds of funding. In total Paystack has raised $11.5M. Paystack's last funding round was on Aug 2018 for a total of $10.2M

Paystack Investments

No recent investments found related to Paystack

Paystack News

October 21, 2020THISDAY

Renaissance Capital Highlights Value in Stripe, Paystack Deal

By Obinna Chima Analysts at Renaissance Capital (RenCap) have estimated the perceived value realised ... See more »
October 19, 2020Business Day

Paystack's $200m acquisition by Stripe sets stage for more exits in tech ecosystem

The news US-based global payment company Stripe on Thursday acquired Nigerian payment company Paystac... See more »
October 19, 2020Pulse2.0

Why Stripe Is Buying Nigeria-Based Paystack

Online payments platform company Stripe recently announced it is buying Lagos, Nigeria-based Paystack... See more »
October 19, 2020Techpoint Africa

What Paystack's exit means for the Nigerian startup ecosystem

Last week, Stripe announced its acquisition of Paystack for more than $200 million. As the five-year-... See more »
October 16, 2020Afrikan Heroes

Here Is What Paystack's $200m Acquisition Is Teaching Other African Startups

When Ezra Olubi set out to build a little known payments startup [...] The post Here Is What Paystack... See more »
October 16, 2020TechCrunch

Stripe acquires Nigeria's Paystack

Stripe makes a big acquisition, Google rolls out search improvements and Snapchat adds a TikTok-y fea... See more »
October 16, 2020The Business Journals: San Jose

Stripe expands into Africa with $200M acquisition of firm Paystack

The San Francisco fintech has bought the Lagos-based tech firm, which boasts around 60,000 customers,... See more »

Paystack Videos

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Paystack Headquarters

126 Joel Ogunnaike Street Ikeja GRA

Lagos, Lagos100001

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Paystack Summary

ABOUT

Overview

Paystack is an online fintech platform that provides payment processing and recurring billing solutions for individuals and businesses. Paystack was founded in 2015. Paystack's headquarters is located in Lagos, Lagos, NG 100001. It has raised 11.5M in...

CEO

Paystack's Co-Founder & CEO, Shola Akinlade, currently has an approval rating of 81%. Paystack's primary competitors are Flutterwave, VoguePay & Remita.

Website

paystack.com

Frequently Asked Questions about Paystack

  1. When was Paystack founded?

    Paystack was founded in 2015
  2. Who is Paystack's CEO?

    Paystack's CEO is Shola Akinlade
  3. How much revenue does Paystack generate?

    Paystack generates $14.8M in revenue
  4. How much funding does Paystack have?

    Paystack has historically raised $11.5M in funding
  1. Where is Paystack's headquarters?

    Paystack's headquarters is in Lagos Lagos, NG
  2. How many employees does Paystack have?

    Paystack has 100 employees
  3. What sector does Paystack operate in?

    Paystack is in Fintech, Application Software
  4. Who are Paystack's competitors?

    Paystack's top competitors are Flutterwave, VoguePay, Remita