Paystack Overview

  • Founded
  • 2015
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 114
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $200M
Latest Deal Amount

Paystack General Information

Description

Developer of a payment processing platform intended to make online payments simple, secure, and affordable. The company's platform connects all multi-channel payment options with merchants across the country assisting them to accept payments from around the world via credit card, debit card, and direct bank transfer through web and mobile applications, thereby enabling businesses to provide a seamless and secure payments experience to customers.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Parent Company
Primary Office
  • 126 Joel Ogunnaike Street
  • Ikeja GRA, Ikeja
  • Lagos
  • Nigeria
+234 01 000 0000
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Paystack Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 15-Oct-2020 $200M 000.00 00000 Completed Generating Revenue
5. Early Stage VC (Series A) 06-Sep-2018 000.00 000.00 Completed Generating Revenue
4. Early Stage VC 00000 000 Completed Generating Revenue
3. Accelerator/Incubator 23-May-2017 00.000 Completed Generating Revenue
2. Seed Round 19-Dec-2016 $1.3M $1.42M Completed Generating Revenue
1. Accelerator/Incubator 22-Mar-2016 $120K $120K 00.000 Completed Generating Revenue
To view Paystack’s complete valuation and funding history, request access »

Paystack Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a payment processing platform intended to make online payments simple, secure, and affordable. The company'
Financial Software
Lagos, Nigeria
114 As of 2020
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Ikeja, Nigeria

0000 000

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000000000 00000000
London, United Kingdom
000 As of 0000
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Paystack Competitors (70)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
VoguePay Corporation Ikeja, Nigeria
0000 000000000 Private Equity-Backed London, United Kingdom 000 00000 0000000 0000 00000
00000000 Venture Capital-Backed New York, NY 0000 00000 000000000 00000
00000000000 Formerly VC-backed San Francisco, CA 000 000.00 000000&0 000.00
00000 Formerly VC-backed Redwood City, CA 000 000.00 000000&0 000.00
You’re viewing 5 of 70 competitors. Get the full list »

Paystack Executive Team (2)

Name Title Board Seat Contact Info
Shola Akinlade Co-Founder & Chief Executive Officer
Ezra Olubi Co-Founder & Chief Technology Officer
To view Paystack’s complete executive team members history, request access »

Paystack Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Paystack Former Investors (24)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Acuity Ventures Partners Venture Capital Minority 000 0000 000000 0
Blue Haven Initiative Family Office Minority 000 0000 000000 0
Blue Rinc Capital Growth/Expansion Minority 000 0000 000000 0
Comcast Ventures Corporate Venture Capital Minority 000 0000 000000 0
Dale Mathias Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 24 investors. Get the full list »