Paystack

Paystack fintech company that facilitates online and offline payments for businesses across Africa.

StablecoinsFintechY Combinator

TIMELINE · MONEY RAISED

Paystack | 422 days from X account to first raise on record

@paystack·Raised $11M in 2 sourced rounds·1 signal before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

1. May 26, 2025
   Series A · amount undisclosed
   Source: fundraisingfox.com
2. August 1, 2018
   Series A · $10M
   SStripe (lead), CCV Catalyst Fund, DDale Mathias, GGbenga Oyebode, IIngressive Capital, TTencent, TTom Stafford, VVentures Platform, VVisa, YY Combinator
   Source: startupintros.com
3. December 1, 2016
   Seed · $1M
   SSingularity Investments (lead), TTencent (lead), NNeil Thanedar, OOlumide Soyombo, PPave Investments, SSpark Capital, SSudeep Ramnani, TTokyo Founders Fund, TTyler Scriven, VVentures Platform
   Source: startupintros.com
4. October 6, 2015
   X account created
5. July 28, 2011
   Website created

Founders and team

• SA
  Shola Akinlade Cofounder / CEO at Paystack

  LinkedIn · source: foundertrace.com
• EO
  Ezra Olubi Cofounder and CTO

  LinkedIn · source: foundertrace.com
• AK
  Amber Klein Founder
• AL
  Amandine Lobelle Head of Business
• CO
  Celestine Omin Engineering Manager
• EQ
  Emmanuel Quartey Head of Growth
• NK
  Nubi Kay Startup Programs Lead
• PS
  Parth Setya Engineering Manager

Acquisitions

Acquired company	Price	Announced
LLadder Microfinance Bank	Not disclosed	Jan 14, 2026 · MSN
AAllawee	Not disclosed	Dec 1, 2025 · MSN
BBrass	Not disclosed publicly	Date not given

Investors

• CCV Catalyst Fund
• DDale Mathias
• GGbenga Oyebode
• IIngressive Capital
• NNeil Thanedar
• OOlumide Soyombo
• PPave Investments
• SSingularity Investmentslead investor
• SSpark Capital
• SStripelead investor
• SSudeep Ramnani
• TTencentlead investor
• TTokyo Founders Fund
• TTom Stafford
• TTyler Scriven
• VVentures Platform
• VVisa
• YY Combinatoraccelerator

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