Paystack

Paystack is a leading technology company that builds payment infrastructure to help businesses in Africa accept secure payments from both local and international customers. Often described as a "growth engine" for modern African businesses, it serves over 200,000 organizations ranging from small startups to global brands like MTN and FedEx. Core Services Payment Collection: Enables businesses to accept payments via credit/debit cards, bank transfers, USSD, and mobile money. Commerce Tools: Offers "no-code" solutions like Payment Pages and Storefronts for entrepreneurs who don't have their own website. Developer-First Approach: Provides well-documented APIs and SDKs, allowing developers to build custom checkout experiences and financial products. Business Management: Includes a robust dashboard for real-time transaction tracking, automated fraud detection, and detailed financial reporting. Key Facts Founded: 2015 by Shola Akinlade and Ezra Olubi in Lagos, Nigeria. Acquisition: Acquired by the global payments giant Stripe in 2020 for over $200 million. Presence: Operates in Nigeria, Ghana, Kenya, South Africa, and Côte d'Ivoire. Impact: Processes more than 50% of all online transactions in Nigeria.