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Paystack
AcquiredYC W16YC Top CompanyLagos, NG · Founded 2015 · 115 employees · 13 known investors
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Paystack provides payment processing services that allow businesses in Africa to accept credit card, debit card, bank transfer, and mobile money transactions through their websites and applications.
Founders & leadership· Y Combinator alumni (W16)
Paystack was founded in 2015 by Shola Akinlade, Ezra Olubi, and Olusola Akinlade.
Investors · 13
How we know: Blue Haven Initiative's portfolio page · Not right? Tell us
How we know: Ingressive Capital's portfolio page · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us
How we know: Ventures Platform's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the Y Combinator directory · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: company funding news (hacker news) · techcrunch.com · Y Combinator's founder network · Not right? Tell us
How we know: iafrikan.com · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: techcrunch.com · Y Combinator's founder network · Not right? Tell us
Funding
SEC filings, press & company announcements$10.2M disclosed across 1 of 2 rounds · 2016–2018
▶$10.2MraisedSep 2018 · 40 investors · Other TechnologyRule 506(b)
- Olusola AkinladeExecutive Officer, Director
- Ezra OlubiExecutive Officer, Director
- Offering amount
- $10.2M
- Amount sold
- $10.2M
- First sale
- Aug 2018
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
The YC application· Winter 2016 batch
Y Combinator application advice for African startups - Paystack (Part 1 of 3)
Paystack
Founder mafia
The Paystack mafia →9 people who came through Paystack went on to found or lead other companies.
Related companies · 10
Companies working in the same space as Paystack.
Legal entities · 1
corporate structureIn the news
Frequently asked questions
- What does Paystack do?
- Paystack provides payment processing services that allow businesses in Africa to accept credit card, debit card, bank transfer, and mobile money transactions through their websites and applications.
- Who founded Paystack?
- Paystack was founded by Shola Akinlade, Ezra Olubi, Olusola Akinlade in 2015.
- Who are Paystack's investors?
- Paystack's investors include Blue Haven Initiative, Ingressive Capital, Ventures Platform, Y Combinator, BEENEXT, Blue Rinc Capital, Comcast Ventures, Other and 5 more.
- How much funding has Paystack raised?
- Paystack has disclosed $10.2M raised across 1 of its 2 known rounds.
- Where is Paystack headquartered?
- Paystack is headquartered in Lagos, NG.