Paystack has been acquired by Stripe in a deal rumoured to be over $200m
Nigerian payments startup, Paystack has been acquired by US-based payments giant, Stripe . According to a source, this deal is rumoured to be over $200 million. For many in the Nigerian tech ecosystem, it was just a matter of time before this happened. Here’s why. Founded in 2015 by Shola Akinlade and Ezra Olubi , Paystack sought to solve the challenge of online payment transactions in Nigeria. By seamlessly connecting all multi-channel payment options with merchants across the country, it enabled them to accept payments from around the world, via credit card, debit card, and direct bank transfer on web and mobile. READ ALSO: Do you want to have Competitive edge in the market and a strong Customer loyalty and shared values, which will enhance your Brand's credibility and ease of purchase. Click here to join this free Brand Development Training and get the edge. Class limited to 100 people. This got the one-year-ol...