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A leading payments processing company in Nigeria that recently launched a product called 'Zap'.
News published about Paystack

Mergers and Acquisitions are Surging Amidst Market Exuberance on the Exit Trail
Tech Labari - Feb 02, 2026
Flutterwave acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million. Paystack has officially entered the banking sector through the acquisition of Ladder Microfinance Bank, rebranded as Paystack Microfinance Bank.

Nigerians are still mad at PayPal but their startups need dollars
Techpoint Africa - Jan 28, 2026
PayPal partners with Nigerian fintech Paga to allow users to link wallets and withdraw funds in naira. Paga CEO Tayo Oviosu announces plans to enable businesses to accept PayPal directly on their platforms.

Paystack co-founder Ezra Olubi and journalist clash over alleged defamatory tweets
Techpoint Africa - Jan 27, 2026
Ezra Olubi issued a pre-action notice demanding ₦140 million from David Hundeyin for alleged defamation. Hundeyin's tweets compared Olubi to Sean Combs, alleging a 'God complex' and drug addiction.

Investor relations as brand communications: beyond pitch decks
Bendada.com - Jan 27, 2026
The first wave of significant global investments in Nigeria's tech ecosystem occurred between 2015 and 2016, including iROKO's $19M raise. Andela raised $24M in a Series B round led by the Chan Zuckerberg Initiative, marking a pivotal moment for Nigerian startups.

Trove Finance brings brokerage services in-house with UCML Securities acquisition
Techpoint Africa - Jan 25, 2026
Trove Finance acquired UCML Securities Limited and rebranded it as Innova Securities Limited. The acquisition allows Trove to deepen control over trade execution, compliance, and customer experience.
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