Paystack
A payments and banking platform that helps businesses in Africa get paid, access loans, and manage deposits.
Country
Nigeria
Sector
Fintech
Stage
—
Founded
2015
Accelerator
Y Combinator
Raising
Actively Raising
About Paystack
Paystack is a technology company that provides payment tools to help businesses in Africa accept secure payments from multiple local and global payment channels. Serving over 300,000 Nigerian businesses, the company has expanded its services by acquiring a microfinance bank. Now operating as Paystack Microfinance Bank (Paystack MFB), it offers loans, deposits, and banking-as-a-service products, leveraging its vast transaction data to underwrite credit and provide comprehensive financial services to its merchant base.
Funding Rounds
| Year | Round | Amount | Investors |
|---|---|---|---|
| No funding rounds recorded. | |||