Paystack
OperatingPaystack helps businesses in Africa get paid by anyone, anywhere in the world
- Financial Services
- Ikeja, Nigeria
- Series A
- Founded 2015
- paystack.com ↗
- Total raised
- $11.7M
- disclosed
- Last round
- $10.2M
- Series A
- Rounds
- 5
- since 2015
- Investors
- 20
- on record
- Employees
- 11-50
About Paystack
Paystack is a small and vibrant family working across Lagos and San Francisco. Paystack lets businesses accept payments via credit card, debit card, money transfer and mobile money on their websites or mobile apps.
Paystack funding5 rounds
All 5 rounds →Paystack has raised $11.7M across 5 disclosed rounds. The latest is a $10.2M Series A announced 28 Aug 2018, led by Stripe.
- $120KSeedSeed, $120K, $120K raised to date
- $1.3MSeedSeed, $1.3M, $1.4M raised to date
- $50KNon-equity AssistanceNon-equity Assistance, $50K, $1.5M raised to date
- $10.2MSeries ASeries A, $10.2M, $11.7M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in Paystack
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 28 Aug 2018 | Paystack Series A | Stripe +3 | $10.2M |
| 23 May 2017 | Paystack Non-equity Assistance | Google Launchpad Accelerator | $50K |
| 19 Dec 2016 | Paystack Seed | Singularity Investments +14 | $1.3M |
| 01 Aug 2016 | Paystack Non-equity Assistance | Ventures Platform | Not disclosed |
| 22 Mar 2016 | Paystack Seed | Y Combinator | $120K |
Paystack founders & team
- Shola AkinladeCo-founder & CEO
- Ezra OlubiCo-Founder & CTO
Paystack competitorssame sector · similar funding
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Frequently asked about Paystack
- Where is Paystack based and when was it founded?
- Paystack is headquartered in Ikeja, Nigeria and was founded in 2015.
- Who founded Paystack?
- Paystack was founded by Shola Akinlade (Co-founder & CEO) and Ezra Olubi (Co-Founder & CTO).
- Who is the CEO of Paystack?
- Shola Akinlade is Paystack's Co-founder & CEO.
- How much funding has Paystack raised?
- Paystack has raised $12M across 5 disclosed rounds. Its latest, a $10M Series A, was announced on Aug 28, 2018.
- Who has invested in Paystack?
- Backers include Y Combinator, Visa, Tencent Holdings, Stripe and 16 others.
- What sector is Paystack in?
- Paystack operates in Financial Services, FinTech and Payments.
