Paystack

Type: Payment Processing Platform

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About Paystack

Founded	2015
Headquarters	Lagos, Nigeria
Market share	Paystack is one of the leading payment processors in Nigeria, competing with platforms like Flutterwave.
Major competitors	Flutterwave Rave Interswitch Stripe
Notable partnerships	Banks like Access Bank and GTBank. E-commerce platforms such as Jumia and Konga. Technology companies like Google and Facebook.
Recent developments	Acquisition by Stripe in 2020 to expand its reach in Africa. Launch of new features for improved user experience. Expansion into other African markets beyond Nigeria.
Regulations	Paystack complies with local financial regulations and works with regulatory bodies in Nigeria.
Security	Unknown
Official website	https://www.paystack.com