Stripe / Paystack 2021
Stripe acquired Paystack for $200M on December 19, 2021.
- Target
- Paystack
- Acquirer
- Stripe
- Deal value
- $200M
- Announced
- December 19, 2021
- Sub-sector
- Payments
Transaction overview
- Stripe announced the acquisition of Paystack on December 19, 2021 for $200M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Stripe expands African payments infrastructure and develops its global payments and treasury network through first African acquisition.
Deal terms & multiples
Frequently asked questions
How much did Stripe pay for Paystack?
Stripe acquired Paystack for $200M, announced on December 19, 2021.
When did Stripe announce the acquisition of Paystack?
Stripe announced the acquisition of Paystack on December 19, 2021.
What sub-sector is Paystack in?
Paystack is tracked in the Payments sub-sector.
Sources
- israelvalley.com /2021/12/19/paystack-une-des-pepites-de-la-fintech-dafrique-echappe-au-rachat-dune-firme-israelienne/