Paystack

Paystack is a Nigerian financial technology (fintech) company that provides online and offline payment solutions to businesses across Africa. Founded in 2015 by Nigerian computer science graduates Shola Akinlade and Ezra Olubi, the company was accepted into Y Combinator’s startup accelerator in 2016, where it received early-stage funding in Silicon Valley. Later that year, Paystack publicly launched. By 2020, it was serving over 60,000 businesses and was acquired by Stripe for over $200 million, making it the largest startup acquisition to date from Nigeria and Stripe’s biggest acquisition at the time.