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Paystack

AddedMar 17, 2024

UpdatedJul 3, 2026

Paystack

Acquired

Empowering businesses with seamless payment solutions in Africa.

Accelerator

Y Combinator W16

Paystack's core mission is to empower businesses in Africa with seamless payment solutions. The company offers modern payments infrastructure, enabling businesses to accept payments via credit card, debit card, money transfer, and mobile money directly from their website or mobile app. With operations in Lagos and San Francisco, Paystack focuses on providing efficient and reliable payment services to a diverse range of businesses across the continent.

Paystack has achieved significant milestones, including becoming a key player in Africa's fintech ecosystem. The company has facilitated millions of transactions, helping businesses grow by providing robust and user-friendly payment solutions. Paystack's impact is underscored by its acquisition by Stripe, a leading global payments company, which highlights its innovation and market influence.

Paystack - Similar Companies

Flutterwave

flutterwave.com

Payday Africa

usepayday.com

Partna

getpartna.com

Xendit

xendit.co

ProcessOut

processout.com

Klasha

klasha.com

Korapay Technologies

korapay.com

Capi Money

capimoney.com

Duplo

tryduplo.com

Safepay

getsafepay.pk

Eazipay Inc.

myeazipay.com

PayMongo

paymongo.com

Payze

payze.io

xPay

xpaycheckout.com

Payarc

payarc.com

Paystack - Quick Facts

Who are Paystack's competitors?

Companies similar to Paystack include Flutterwave, Payday Africa, Partna and Xendit.

When was Paystack's last funding round?

Paystack's most recent funding round was for $120k (USD) in January 2016.

How much has Paystack raised to-date?

As of Jan 1, 2016, Paystack has raised a total of $120k (USD).

Paystack - Classification

Ownership: Equity
Venture Capital
Technology: API
FinTech
Geographic Exposure: Africa

Revenue: Transactional
Customer: Enterprise
Small Business
Main Product: Payment Processing

Tags: SaaS