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Paystack is a Nigerian fintech company founded in 2015 by Shola Akinlade and Ezra Olubi, specializing in modern payment solutions for businesses across Africa. The company's mission is to help African businesses become profitable, admired, and loved by providing a secure, flexible, and accessible payment infrastructure. With its comprehensive API, Paystack enables businesses to collect payments via card, bank transfer, mobile money, USSD, QR code, and manage transfers, reconciliations, and subscriptions.
Paystack stands out for its ability to serve both small startups and large international brands, with more than 200,000 business customers and a presence in several African countries. In 2020, the company was acquired by Stripe for more than $200 million, marking one of the biggest fintech successes in Africa.
Through its cutting-edge technology, simplified integration, and multi-channel coverage, Paystack is actively contributing to the growth of e-commerce, financial inclusion, and digital transformation on the continent. It is improving the payments ecosystem in Africa by reducing friction and facilitating access to the global market for African businesses.
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