Silicon Valley payments firm Stripe buys Nigerian startup Paystack

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U.S. payments company Stripe has bought Nigerian fintech startup Paystack to expand into the fast-growing online market in Africa, the companies said on Thursday.

The acquisition, which media reports said was worth some $200 million, reflects the growing online commerce market in Nigeria and across sub-Saharan Africa.

The Silicon Valley firm is unlisted but valued at $36 billion, according to investor website PitchBook.

 

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Lolz... Nigerian general strikes again

Why doesn’t the mainstream media talk about the Biden accusations and new evidence against Biden allegedly taking money from foreign governments in exchange for favors? Quid pro quo!

Nigerian prince ?

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