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Nigerian online payment gateway, acquired by Stripe.

Last updated August 26, 2026

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Nov 4, 2026
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Nov 4, 2026

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Overview

Paystack is a Nigerian fintech company that provides online payment processing services, helping African businesses accept payments from local and international customers. Founded in 2015 by Shola Akinlade and Ezra Olubi, it became part of the Y Combinator portfolio in 2018 and was acquired by Stripe in 2020. Paystack operates in Nigeria, Ghana, South Africa, and Kenya, offering products such as APIs, payment links, and virtual terminals.

Products and positioning

Modern payment infrastructure provider for the African market

Product categories. 在线支付网关 · API · 支付链接 · 虚拟终端

Recent events

  • Reported

    Stripe agrees to acquire Paystack[1]

    Stripe announced an agreement to acquire Nigerian fintech company Paystack. The companies said the acquisition would help Stripe expand in Africa’s online market; the deal was reportedly worth $200 million.

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