Paystack

About

Paystack lets businesses accept payments via credit card, debit card, money transfer and mobile money on their websites or mobile apps.

Ikeja,Lagos,Nigeria
101 - 250
https://paystack.com/

Highlights

Details

Last Funding Type: Seed
Industries: Finance,Financial Services,FinTech,Internet,Payments
Founded date: Jan 1, 2015
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Paystack Inc.

Paystack lets businesses in Africa accept payments by anyone, anywhere in the world via credit card, debit card, money transfer, and mobile money on their websites or mobile apps. It specializes in the fields of financial services, the internet, and payments.

The company was founded in 2015 and headquartered in Ikeja, Lagos.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$10.37M

Paystack has raised a total of $10.37M in funding over 2 rounds. Their latest funding was raised on Aug 28, 2018 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 28, 2018	Series A	$10.20M	6	Stripe	—	Detail
May 23, 2017	Non-Equity Assistant	$50K	1	Google Launchpad Accelerator	—	Detail
Dec 19, 2016	Seed	—	17	Comcast Ventures Singularity Investments Tencent	—	Detail
Oct 31, 2016	Non-Equity Assistant	—	—	—	—	Detail
Mar 22, 2016	Pre-seed	$120K	1	Y Combinator	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

23

Paystack is funded by 23 investors. Stripe and Google Launchpad Accelerator are the most recent investors.

Investor Name	Lead Investor	Funding Round
Stripe	Yes	Series A
Google Launchpad Accelerator	Yes	Non-Equity Assistant
Comcast Ventures	Yes	Seed
Singularity Investments	Yes	Seed
Dale Mathias	—	Series A
Tencent	—	Series A
Tom Stafford	—	Series A
Visa	—	Series A
Y Combinator	—	Series A
Blue Rinc Capital	—	Seed