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Paystack: Contained in the thoughts of a Nigerian start-up purchased for $200m by Stripe – NEWPAPER24

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Paystack: Contained in the thoughts of a Nigerian start-up purchased for $200m by Stripe

2021-01-04 07:31:42

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American monetary providers firm Stripe not too long ago acquired a Nigerian start-up Paystack for a reported $200 million.

Paystack was co-founded by Shola Akinlade in 2016 as an answer for retailers in Nigeria and Ghana to receives a commission by anybody, wherever on the planet. It now processes over 50% of all internet funds in Nigeria, in addition to funds for over 60,000 organisations, together with FedEx, UPS, South African cell operator MTN and plenty of others.

So how do younger entrepreneurs know when to promote or develop their enterprise? We had some enjoyable with the Paystack co-founder Shola Akinlade.

Produced by Georgie Ndirangu and Miriam O’Donkor

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