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Announced

Stripe to acquire Paystack.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

fraud prevention

payment platforms

Acquisition

Private

Friendly

Payments / Commerce

Majority

Pending

fintech

Nigeria

payment processing

invoicing app

Synopsis

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Stripe, a payments company, agreed to acquire Paystack, a fintech startup. Financial terms were not disclosed. “In just five years, Paystack has done what many companies could not achieve in decades. Their tech-first approach, values, and ambition greatly align with our own. This acquisition will give Paystack resources to develop new products, support more businesses and consolidate the hyper-fragmented African payments market,” Matt Henderson, Stripe EMEA Head.

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