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Paystackrevenue, acquisition & funding

Sunnyvale, CaliforniaFounded 2015

Paystack was acquired by Stripe. See Stripe's profile →

paystack.comLinkedInUpdated Aug 10, 2026
Annual revenue
$3.3M
Apr 2021
Owner
Stripe
Date not on record
Total raised
$10.3M
2 rounds
Employees
51
Jul 2023

Paystack revenue

Paystack's annual revenue was $3.3M in April 2021, its last figure before Stripe bought it (source not recorded).

$0
$1M
$2M
$3M
$0
–
$3.3M
20152016–202021
ReportedFounded 2015 at $0; every reading has its own bar
As ofRevenueSource
Apr 2021$3.3M–

– source not recorded

Who owns Paystack

Stripe owns Paystack. The date and price of the deal are not on record.

Paystack funding rounds & investors

Paystack has raised $10.3M across two rounds since 2016. The latest was a $10.2M funding round in August 2018.

DateRoundRaised
Aug 2018Funding round$10.2M
Mar 2016Funding round$120K
Total raised$10.3M

Paystack CEO, founders & employees

Shola Akinlade founded Paystack in 2015 and led it as CEO. Paystack had 51 employees (July 2023).

0
50
100
146
–
51
202120222023
ReportedOne figure per year; a reported figure wins over an estimate
All 2 headcount readings, with sources
As ofEmployeesSource
Jul 202351–
Apr 2021146–

Paystack FAQ

What was Paystack's revenue?

Before Stripe bought it, Paystack's annual revenue was $3.3M in April 2021 (source not recorded).

Who owns Paystack?

Stripe owns Paystack.

How much funding has Paystack raised?

Paystack raised $10.3M across two funding rounds before Stripe bought it. The last was a $10.2M funding round in August 2018.

How many employees does Paystack have?

Paystack had 51 employees in July 2023.

Who founded Paystack?

Shola Akinlade founded Paystack in 2015.

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How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.

Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Paystack? Join the podcast