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The target market for Paystack's payment processing and new banking services, consisting of over 300,000 businesses.
News published about Nigerian Businesses
From ₦37 million a day to ₦1.7 billion: How Nomba scaled its payments API in Year One
Bendada.com - Jan 28, 2026
Nomba's daily transaction volume grew from ₦37 million in January to ₦1.7 billion by December 2025. The platform processed ₦105 billion in Q4 alone, surpassing the total for the rest of the year.

Paystack Enters Nigeria’s Banking Sector Through Microfinance Bank Acquisition
Tech In Africa - Jan 16, 2026
Paystack has acquired Ladder Microfinance Bank, marking its entry into Nigeria's banking industry. The new entity will be known as Paystack Microfinance Bank (Paystack MFB).
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