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Paystack - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Paystack including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Paystack company logo

Modern online and offline payments for Africa.

Paystack is a financial technology company that provides payment processing solutions to businesses in Africa, enabling them to accept payments online and offline.

HeadquartersSunnyvale, California, United States
Team size251-500
Founded2015

What is Paystack? - Company Overview & Details

Paystack is Paystack is a financial technology company that provides payment processing solutions to businesses in Africa, enabling them to accept payments online and offline. Founded in 2015, the company is headquartered in Sunnyvale, California, United States.

Who Founded Paystack?

Paystack was founded by Shola Akinlade, Ezra Olubi.

Who are the Key Executives at Paystack? - Leadership Team

Paystack is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Paystack

Shola AkinladeCEO

Chief Technology Officer (CTO) of Paystack

Ezra OlubiCTO

About Shola Akinlade - CEO of Paystack

Shola Akinlade serves as the Chief Executive Officer of Paystack, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Paystack Company Details & Key Information

Where is Paystack located?

Paystack is headquartered in Sunnyvale, California, United States.

How many employees does Paystack have?

Paystack has 251-500 employees.

When was Paystack founded?

Paystack was founded in 2015.

Paystack Official Website

How much funding has Paystack raised?

Paystack has raised $10 million across 5 funding rounds. The most recent funding was completed on 2020-10-20.

Funding Overview

Paystack has received funding from notable investors including Stripe, Visa, and Tencent, aimed at enhancing their payment infrastructure.

$10 million
Total Funding Raised
5
Funding Rounds
2020-10-20
Latest Round

Paystack Funding History

Series A
2018-08-23
$8 million
Acquisition
2020-10-20
$200 million

Who are the key investors in Paystack?

Paystack is backed by 3 key investors including Stripe, Visa, Tencent. These investors focus on Payments, Fintech, Technology sectors.

Paystack Investor Overview

3
Key Investors
7
Focus Areas
3
Notable Investments

Complete List of Paystack Investors

Stripe

A payment processing company that acquired Paystack.

Investment Focus
Payments
Fintech
Technology
Notable Portfolio Companies
Paystack

Visa

A global payments technology company focused on electronic payments.

Investment Focus
Payments
Finance
Notable Portfolio Companies
Paystack

Tencent

A multinational conglomerate holding company with subsidiaries in various internet-related services and products.

Investment Focus
Internet Services
Gaming
Social Media
Notable Portfolio Companies
Paystack

What sectors do Paystack investors focus on?

The investors backing Paystack primarily focus on Payments, Fintech, Technology, Finance, Internet Services, Gaming, Social Media sectors.

Payments
Fintech
Technology
Finance
Internet Services
Gaming
Social Media

Featured Investor: Stripe

Stripe

A payment processing company that acquired Paystack.

Notable Investments: Paystack

What are Paystack's future plans?

Paystack Paystack aims to expand its services across Africa and enhance its payment offerings.

Paystack Strategic Outlook

Strategic Focus
Defined
3
Key Challenges
3
Growth Opportunities

What challenges does Paystack face?

Paystack has identified 3 key challenges that need to be addressed for continued growth and success.

Key Challenges for Paystack

1

Trademark disputes

2

Increasing competition

3

Regulatory compliance

What opportunities does Paystack have?

Paystack has identified 3 key opportunities for growth and market expansion.

Growth Opportunities for Paystack

1

Expansion into new markets

2

Partnerships with local businesses

3

Increasing digital payments adoption

Paystack Strategic Position Summary

Key Focus Areas

Paystack is addressing 3 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 3 key opportunities for expansion and growth.

What are the latest news about Paystack?

Paystack has 2 recent news updates covering key business developments and market activities.

Paystack News Overview

2
Recent Articles
Active
Media Coverage
2025-04-18
Latest Update

What is Paystack in the news for?

Paystack is currently featured in news for Paystack Payments Limited has issues with trademark infringement. and other significant business developments.

Recent News Articles About Paystack

Article 1
2025-04-18

Paystack Payments Limited has issues with trademark infringement.

Paystack faces a trademark dispute with Zap Africa, claiming that the use of the name 'Zap' causes confusion among users.

TechCabal
Read News
Article 2
2025-04-09

Paystack Payments Limited launches zap.

Paystack has officially launched a new application called zap, promising to revolutionize user bank transfers.

Vanguard
Read News

Paystack FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Paystack including information about founders, CEO, funding history, investors, headquarters location, and company details. 19 frequently asked questions covering key information about the company.

Paystack Questions & Answers - Company Information

Q1

What is Paystack?

Paystack is a financial technology company that provides payment processing solutions to businesses in Africa, enabling them to accept payments online and offline.

Q2

Who founded Paystack?

Paystack was founded by Shola Akinlade, Ezra Olubi.

Q3

Who is the CEO of Paystack?

The CEO of Paystack is Shola Akinlade. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Paystack raised?

Paystack has raised a total of $$10 million across 5 funding rounds. The most recent funding was completed on 2020-10-20.

Q5

Who are the investors in Paystack?

Paystack's key investors include Stripe, Visa, Tencent.

Q6

Where is Paystack headquartered?

Paystack is headquartered in Sunnyvale, California, United States.

Q7

When was Paystack founded?

Paystack was founded in 2015.

Q8

How many employees does Paystack have?

Paystack has 251-500 employees.

Q9

What is Paystack's official website?

You can visit Paystack's official website at https://paystack.com.

Q10

What was Paystack's latest funding round?

Paystack's latest funding round was a Series A round of $$8 million completed on 2018-08-23.

Q11

Who is founder?

Shola Akinlade

Q12

Who is cto?

Ezra Olubi

Q13

What does the company do?

Paystack provides payment processing solutions to businesses in Africa, enabling them to accept payments online and offline.

Q14

How much funding?

$10 million

Q15

Latest funding date?

2020-10-20

Q16

Who are the investors?

Stripe Visa Tencent

Q17

What are the challenges?

Trademark disputes Increasing competition Regulatory compliance

Q18

What are the opportunities?

Expansion into new markets Partnerships with local businesses Increasing digital payments adoption

Q19

Latest news?

Paystack faces a trademark dispute with Zap Africa, claiming that the use of the name 'Zap' causes confusion among users. Paystack has officially launched a new application called zap, promising to revolutionize user bank transfers.

More Information About Paystack

For additional details about Paystack, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.