Stripe / Paystack 2020

Stripe acquired Paystack for $200M on October 15, 2020.

Target

Paystack

Acquirer

Stripe

Deal value

$200M

Deal type

Cash

Announced

October 15, 2020

Sub-sector

Payments

Stripe enters Africa through Lagos-based payments processor serving 60,000+ merchants across Nigeria, Ghana, and South Africa.

Deal value

$200M

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

October 15, 2020

Close date

November 30, 2020

Acquirer

Stripe (Strategic)

Target HQ

Nigeria

Deal type

Cash

Sub-sector

Payments

Source: stripe.com