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 ...

Paystack has suspended its co-founder and chief technology officer, Ezra Olubi, following an allegation of sexual misconduct involving a subordinate. Paystack, the Stripe-owned Nigerian payments ...

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 ...

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 ...