Paystack, one of Nigeria’s most hotly anticipated tech start-ups, has just secured $1.3M Seed investment from both international and homegrown investors.
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The company, founded by Shola Akinlade and Ezra Olubi, initially caught the eye of industry commentators as it is the first Nigerian tech company to be accepted into the world-famous Y Combinator progam, based in Silicon Valley.
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Paystack’s CEO, Shola Akinlade, said: “We started Paystack because we knew online payments in Africa were essentially broken and someone definitely had to do the hard work of fixing it.”
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Olubi [Paystack Co-founder and CTO] and Akinlade graduated from Babcock University 10 years ago.
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