TechCabal spoke with Paystack’s chief operating officer about the company’s post-acquisition trajectory and relationship with acquirer Stripe.
Paystack, one of the Y Combinator’s first bets in Africa, remains one of the continent’s most prominent startups. In 2020, global payments company Stripe acquired Paystack for over $200 million, marking one of the most successful exits in the African tech ecosystem. Since then, Paystack has continued to operate under its brand name, expanding into other markets and setting up other African fintechs for success. In this interview with Amandine Lobelle, Paystack’s COO, she talks about the company’s structure, its relationship with Stripe, and some industry-collaborative attempts at stopping fraud.
This interview has been edited for length and clarity*
Caleb: Paystack’s acquisition by Stripe has become a standout success story on the continent. Can you share the changes that followed the acquisition and how Stripe has…
