The New Paper

October 16, 2020

Stripe acquires African payments company Paystack

Stripe announced the acquisition of African payments company Paystack yesterday. Paystack enables over 60k businesses across Ghana and Nigeria to process and collect payments, and the company processes over half of all online transactions in Nigeria. The deal reportedly values Paystack at $200M. 

This story is from the October 16, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.