Stripe acquires Nigerian fintech company, Paystack, in deal reportedly worth 'over $200m'

📆 2020/10/16 02:26:00
📰 PremiumTimesng

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Paystack is a tech company that provides a quick way to integrate payments services into an online or offline transaction by way of an API.

The fintech company currently boasts of around 60,000 customers, including small businesses, larger corporates, educational institutions and online companies.”, refers to any business that uses technology to enhance or automate financial services and processes.

Stripe, valued at $36 billion, had added over 17 countries to its platform in the last 18 months. The company is also looking towards markets across Africa for future growths. Patrick Collison, Stripe’s co-founder and chief executive officer, said there is an enormous opportunity on the African continent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Nice

Na youths build am Just for the record

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Equities market rebound with N3.4bn gainThe Nigerian stock market recorded its first gain of the week as price appreciation in Nigerian Breweries (+1.0 per cent), Stanbic (+3.5%) and International Bre
Source: Daily Trust - 🏆 13. / 51 Read more »