Skip to content
New: 2025–2026 AI startups just added to the catalog. Explore
Paystack company logo - Fintech AI company based in Nigeria
scaleup Acquired

Paystack

Lagos, Nigeria
Founded 2015
Visit Website

About

Paystack is a fintech company that builds payment infrastructure for businesses across Africa. Their core product utilizes machine learning algorithms to detect and prevent fraudulent transactions, increasing payment authorization rates and reducing risk for merchants. Paystack primarily serves online businesses, particularly those operating in rapidly growing African e-commerce markets, by offering a reliable and secure payment processing solution tailored to the region’s unique challenges.

Technology Focus

fintech ai safety ml infrastructure

Key People 2

  • Shola Akinlade
  • Ezra Olubi

Quick Stats

Total Raised
$10M
Founded
2015
Status
acquired
Type
scaleup

Explore More

More from Nigeria View Nigeria on map