Paystack Overview

  • Founded
  • 2015

Founded
  • Status
  • Acquired/​Merged

  • Employees
  • 137

Employees
  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 1

Paystack General Information

Description

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

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-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
8. Later Stage VC 01-Jan-2022 Completed Generating Revenue
7. Merger/Acquisition 13-Jan-2021 00000 000.00 00000 Completed Generating Revenue
6. Early Stage VC 30-Mar-2020 000.00 Completed Generating Revenue
5. Early Stage VC (Series A) 06-Sep-2018 000.00 000.00 000.00 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 Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A-5 00,000 00.000000 00.00 00.00 00 00.00 0.000
Series A-4 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A-3 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A-2 562,177 $0.000010 $0.74 $0.74 1x $0.74 3.33%
Series A-1 2,048,170 $0.000010 $0.53 $0.53 1x $0.53 12.14%
To view Paystack’s complete cap table history, request access »

Paystack Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a payment processing platform designed to make online payments simple, secure and affordable. The company's
Financial Software
Lagos, Nigeria
137 As of 2021
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000000000 00000000
Ikeja, Nigeria

000000

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000000000 00000000
Istanbul, Turkey
000 As of 0000
0000
0000 0000-00-00
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Paystack Competitors (71)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
VoguePay Corporation Ikeja, Nigeria
000000 Formerly PE-Backed Istanbul, Turkey 000 0000 000000&0
0000 000000000 Private Equity-Backed London, United Kingdom 000 00000 00000000000 00000
0000000 Corporation Dubai, United Arab Emirates
00000 Formerly VC-backed Redwood City, CA 000 000.00 000000&0 000.00
You’re viewing 5 of 71 competitors. Get the full list »

Paystack Executive Team (3)

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

Paystack Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-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 (28)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Acuity Ventures Partners Venture Capital Minority 000 0000 000000 0
Alter Global Venture Capital Minority 000 0000 000000 0
Atlantica Ventures Venture Capital Minority 000 0000 000000 0
Blue Haven Initiative Impact Investing Minority 000 0000 000000 0
Blue Rinc Capital Growth/Expansion Minority 000 0000 000000 0
You’re viewing 5 of 28 investors. Get the full list »