Paystackrevenue, acquisition & funding
Sunnyvale, CaliforniaFounded 2015
Paystack was acquired by Stripe. See Stripe's profile →
Paystack revenue
Paystack's annual revenue was $3.3M in April 2021, its last figure before Stripe bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| 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.
| Date | Round | Raised |
|---|---|---|
| Aug 2018 | Funding round | $10.2M |
| Mar 2016 | Funding 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).
- Shola AkinladeCo-founder & CEO
All 2 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Jul 2023 | 51 | – |
| Apr 2021 | 146 | – |
Paystack FAQ
How much money does Paystack make?
The most recent figure is $3.3M in annual revenue, from April 2021 (source not recorded), before Stripe bought the company.
Who owns Paystack?
Stripe owns Paystack.
Is Paystack publicly traded?
No. Paystack is part of Stripe.
How much funding has Paystack raised?
$10.3M across 2 rounds; the latest was a $10.2M round in August 2018.
Who founded Paystack?
Shola Akinlade, in 2015.
How many employees does Paystack have?
About 51 as of July 2023.
Categories
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