October 15 - 16:10
6D
Stripe buys Nigeria's Paystack for over $200m
U.S. payments company Stripe has acquired Nigerian fintech startup Paystack. Paystack is able to integrate payment services into an online or offline transaction via an API, and has over 60,000 users, including FedEx, UPS and MTN. Sources have confirmed that the acquisition was worth over $200m, which would make this the biggest startup acquisition to come out of Nigeria.
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