Paystack

Paystack

Accept payments via credit card, debit card, money transfer and mobile money on their websites or mobile apps.

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$200m

Valuation: $200m

Acquisition
Total Funding000k
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More about Paystack
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Paystack is a financial technology company that provides modern online and offline payment solutions tailored for businesses in Africa. The company serves a diverse range of clients, including startups, large corporations, fintechs, schools, and betting companies. Operating primarily in the African market, Paystack enables businesses to accept payments from anyone, anywhere in the world through a seamless and frictionless experience. The business model revolves around offering well-documented APIs that developers can use to build custom payment experiences, from simple projects to complex financial products. Paystack makes money by charging transaction fees for the payments processed through its platform. With over 60,000 businesses trusting its services, Paystack ensures the highest transaction success rates by routing payments through the most optimal channels. The company also provides resources such as video tutorials and original lessons to help businesses maximize their online presence.

Keywords: fintech, payment solutions, Africa, transaction success, APIs, developers, seamless payments, startups, corporations, global reach

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Investments by Paystack

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ACQUISITION by Paystack May 2024