Nigerian payments processor Paystack is expanding into banking and consumer finance in a corporate shakeup as it bets on Africa’s entrepreneurs, its CEO told Semafor, five years after being acquired ...

The Central Bank of Nigeria (CBN) says it has commenced a pilot supervision programme for virtual asset service providers ...

African payments company Paystack has reduced its operations outside of Africa, trimming its workforce in Europe and Dubai. This decision comes as part of a streamlining effort, particularly in ...

Nigerian companies are spending about $850 million annually on foreign cloud services, embedding the country’s fast-growing ...

American financial services company Stripe recently acquired a Nigerian start-up Paystack for a reported $200 million. Paystack was co-founded by Shola Akinlade in 2016 as a solution for merchants in ...

Nigerian fintech startup Paystack has been relatively quiet since it was bought by fintech giant Stripe last October. The deal, worth more than $200 million, caused shockwaves to the African tech ...