Acquisition FinTech MEGA DEAL
$200M

Paystack

Nigeria October 2020 West Africa

About this Deal

Paystack was acquired by Stripe for over $200M.

Investors

Lead: Stripe

Stripe

Other Rounds by Paystack

Acquisition $200M Oct 2020

Deal Details

Amount$200M
TypeAcquisition
InstrumentEquity
SectorFinTech
FounderMale-led
StatusClosed

Company

PA
Paystack
Startup · Lagos

Other Companies in this Market

See all
SME
Channels Television Your news, straight up
Nigeria
Corporate
Seplat Energy PLC Nigeria's energy transition leader
Nigeria
Corporate
Sahara Group Bringing energy to life
Nigeria
Corporate
Interswitch Group Powering Africa's payments
Nigeria
Non-profit
Onitsha Main Market Traders Association Africa's largest market
Nigeria
Corporate
Chagoury Group Building Nigeria, transforming West Africa
Nigeria

People in this Space

See all
OR
Oluwole Rasheed Sarumi Founder @ Saroafrica International
Nigeria
RF
Reni Folawiyo Founder @ Alara Lagos
Nigeria
BA
Bolanle Austen-Peters Founder @ Terra Kulture
Nigeria
MM
Mira Mehta Founder @ Tomato Jos
Nigeria
KM
Kola Masha Founder @ Babban Gona
Nigeria
YI
Yemisi Iranloye Founder @ Psaltry International
Nigeria

Related News

See all
Stop Calling Them Neobanks: The Pan-African Retail Bank Has Arrived Kuda is now a nationally licensed Nigerian bank. FairMoney is a licensed microfinance bank with curr...
Sep 02, 2026 Nigeria
Why Nigeria's Open Banking Framework Will Underperform Its Promise Nigeria became the first African country to go live with formal open banking on 1 August 2025. The C...
Aug 26, 2026 Nigeria
African Wealthtech Needs to Admit It Is a Currency Hedge, Not a Wealth Builder PiggyVest has over 7 million users. Cowrywise passed 800,000. Bamboo and Risevest have built credibl...
Mar 29, 2026 Nigeria
How to Price and Structure B2B Supply Chain Finance in African Markets B2B supply chain finance is one of the most promising African fintech categories because it addresse...
Mar 28, 2026 Nigeria