Paystack
Sunnyvale, California, United States
2021 Revenue
$3.3M
Customers
60K
Funding
$10.3M
Avg ACV
$55
Team · 2023
51
Founded
2015
Paystack Revenue & Funding (2021)
Paystack generated $3.3M in revenue in 2021.
Provider of an online payment processing platform intended to make online payments simple, secure and affordable. The company's platform connects all multi-channel payment options with merchants across the country helping them to accept payments from around the world via credit card, debit card and direct bank transfer on web and mobile, enabling businesses to accept payments from anyone, anywhere in the world.
Last updated
Paystack Revenue
In 2021, Paystack's revenue reached $3.3M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Paystack Hit $3.3m revenue in April 2021 | Not recorded |
| 2015 | Launched with $0 revenue |
Paystack Valuation, Funding Rounds
Paystack has not publicly disclosed its valuation. The company has raised $10.3M in total funding to date.
Paystack has raised $10.3M in total funding across 2 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2018 | Funding round | $10.2M | - | - | Not recorded |
| 2016 | Funding round | $120K | - | - | Not recorded |
Founder / CEO
Customers
Paystack serves 60K customers.
Paystack Employees & Team Size
Paystack employs approximately 51 people as of 2026, down from 146 in 2021, including 1 sales reps that carry a quota. It serves 60K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 51 employees (July 2023) | Not recorded |
| 2021 | Reached 146 employees (April 2021) | Not recorded |
Frequently Asked Questions about Paystack
Is Paystack still an independent company?
No. Paystack was acquired by Stripe.
What is Paystack's revenue?
As of 2021, Paystack generated $3.3M in revenue.
Who founded Paystack?
Paystack was founded by Shola Akinlade.
How much funding does Paystack have?
Paystack raised $10.3M across 2 rounds.
How many employees does Paystack have?
As of 2023, Paystack had 51 employees.
Where is Paystack headquartered?
Paystack is headquartered in Sunnyvale, California, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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