Paystack
Valuation
$10M
2021 Revenue
$3.3M
Customers
60K
Funding
$10.3M
Avg ACV
$55
Team
51
Founded
2015
How Paystack CEO Shola Akinlade grew to $3.3M revenue and 60K customers 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. Since its launch in 2015, Paystack has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Paystack Hit $3.3m revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
Paystack Valuation, Funding Rounds
Paystack's most recent disclosed valuation is $10M.
Paystack has raised $10.3M in total funding across 2 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Funding round | $10.2M | - | - | |
| 2016 | Funding round | $120K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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 |
|---|---|
| 2023 | Reached 51 employees (July 2023) |
| 2021 | Reached 146 employees (April 2021) |
Frequently Asked Questions about Paystack
What is Paystack's revenue?
Paystack generates $3.3M in revenue.
Who founded Paystack?
Paystack was founded by Shola Akinlade.
Who is the CEO of Paystack?
The CEO of Paystack is Shola Akinlade.
How much funding does Paystack have?
Paystack raised $10.3M.
How many employees does Paystack have?
Paystack has 51 employees.
Where is Paystack headquarters?
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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