Paystack

The most exciting and gratifying trend to see in action is the ability of African founders to pave the way when it comes to creating commercially innovative solutions that can scale seamlessly and compete across the globe.

Nigerian payments company, Paystack has been acquired by global payments leader, Stripe, to accelerate online commerce across Africa. This acquisition is the latest move in Stripe’s international expansion, as Paystack will be Stripe’s catalyst for growing internet commerce in Africa.

Paystack, a Nigeria-based FinTech startup that provides payments tools to businesses in Afrika, has concluded its Series A funding round of $8 million. The Series A funding round was led by Stripe with Visa also participating while Tencent and Y Combinator also participated by providing follow-on funding. ![Nigeria Paystack FinTech

Truecaller and Nigerian FinTech startup, Paystack, have entered into a partnership to allow more Afrikan businesses to accept online payments. The caller ID and spam call blocking platform has said that the partnership will leverage their mobile identity product, Truecaller SDK (TrueSDK). TrueSDK allows Truecaller users to utilize their Truecaller