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Paystack is a Nigerian financial technology company that offers payment processing services to businesses and was acquired by Irish-American financial services company Stripe for $200M in 2020. [ 1 ] [ 2 ] Its headquarters is located in Lagos, Nigeria .
Akinlade's company Paystack was a part of startup accelerator Y Combinator's 2016 batch of startups. The company was created to help businesses in Africa get paid online and offline. [6] In 2022, Akinlade founded a football club, Sporting Lagos F.C. which he notes is a platform for community development and social change. [7]
Stripe has invested in companies offering similar services as themselves, but in different geographical regions. In August 2018, Stripe invested in PayStack, a Nigerian payment processor, [96] and, in September 2019, invested in PayMongo, a Philippine payment processor. [97] In February 2021, Stripe invested in Safepay, a Pakistani payment ...
Today the company is coming good on that plan in the form of some M&A. Stripe is acquiring Paystack, a startup out of Lagos, Nigeria that, like Stripe, provides a quick way to integrate payments ...
However, the value of those credit card payments ($5.42 trillion) was more than one-third higher (36 percent) than the debit card payments ($3.99 trillion), implying that people spend more on ...
With a Roth IRA, you pay the taxes upfront, but investment growth and withdrawals are tax-free once you reach age 59½. For 2025, the contribution limit is capped at $7,000 (or, if you’re 50 ...