Stripe acquires Nigerian fintech startup, Paystack for over $200 million

The American fintech giant, Stripe has acquired Paystack, two years after a strategic investment in the startup.

For months, there has been muted talk about a major fintech startup in Nigeria getting acquired by a global player. One source had earlier told TechCabal that a “mega deal” would be announced in August.

But August came and went and there was no activity. What we now know…

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