Paystack company logo - Fintech AI company based in Nigeria
scaleup Acquired

Paystack

Lagos, Nigeria
Founded 2015

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

Quick Stats

Total Raised $10M
Founded 2015
Status acquired
Type scaleup