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Stripe acquires Nigeria’s Paystack for $200M+ to expand into the African continent
by
Philipinho
https://techcrunch.com/2020/10/15/stripe-acquires-nigerias-paystack-for-200m-to-expand-into-the-african-continent/
Congrats Shola, and welcome to Stripe! This is the second big acquisition for an IH podcast guest in the past few days. Segment was acquired by Twilio for $3B earlier this week, so congrats to the Segment guys as well.
Echoing the congrats to the Paystack team!
@csallen now that they are part of Stripe I’m guessing you’ll get Shola & co to create a formal presence on here to sell payments to Africa-focused IH?
The Paystack podcast episode was definitely one of my favorites
This is great news for PayRequest as a verified Stripe partner.
We really hope we can serve more customers in Africa thanks to this aquistation.
Congrats!
This is a great counter story prevalent "focus on marketing and charge more" advice. Paystack made something a lot of people wanted, even though it was a difficult product to build.
They were one of my very favorite IH podcasts, too.
This is a great! Awesome news for @Shollsman. I remember listening to his interview with @csallen in 2018. It shows what greatness can come from determination in ANY market. Congrats!
Wish Stripe were public!
Payday for all the Nigerian Princes :P
This is impressive. Ezra has been hacking payments for the longest time
I think you are giving Ezra (Paystack CTO) a bit too much credit for a team effort considering he has a technical cofounder in the person of his former classmate Shola, Paystack CEO.
I believe Ezra first rodeo in payments was as a lead developer at an ill-fated startup before he moved on to other things. It was Shola who offered Ezra to join Paystack from Delivery Science/Field Insight as a co-founder & CTO, once his YC application was accepted and was advised he’ll need a co-founder to complete YC and help shoulder the significant company-building task that lay ahead.
LOL. What were you thinking?
I am happy for the whole team which Shola of course leads. Everybody who was part of it from the moment they went to Ycombinator , thank you guys for making the first Nigerian YC team a resounding success. Everybody on that team carried their weight to make this happen.
I don't know Ezra personally and I'm not a Paystack insider. And I can chose to find inspiration in the journey of a fellow developer who went from "ill-fated start-up" to success.
OK but your original framing painted a lone coder story instead of the team story that it is.