Nigerian payments processor Paystack is expanding into banking and consumer finance in a corporate shakeup as it bets on Africa’s entrepreneurs, its CEO told Semafor, five years after being acquired ...

Add Yahoo as a preferred source to see more of our stories on Google. African payments company Paystack has reduced its operations outside of Africa, trimming its workforce in Europe and Dubai. This ...

The deal in which Stripe agreed to buy Paystack may not be the final word on whether Nigeria’s own venture capital scene has arrived, as the majority of local investors are still yet to wake up to the ...

When Stripe announced earlier this year that it had picked up another $600 million in funding, it said one big reason for the funding was to expand its API-based payments services into more ...

This is a developing story... Paystack, the Stripe-owned Nigerian payments company, has suspended its co-founder and chief technology officer, Ezra Olubi, following an allegation of sexual misconduct ...

Paystack has launched a microfinance bank in Nigeria, marking a major expansion of its role from payment processing into broader financial services for businesses and individuals. The Stripe-owned ...

American financial services company Stripe recently acquired a Nigerian start-up Paystack for a reported $200 million. Paystack was co-founded by Shola Akinlade in 2016 as a solution for merchants in ...

African payments company Paystack has reduced its operations outside of Africa, trimming its workforce in Europe and Dubai. This decision comes as part of a streamlining effort, particularly in ...