May 29, 2022


Accounting + Finance Blog

Paystack crossed 1billion Naira in a single Month


The current most loved fintech services in Nigeria, Paystack has hits N1billion Naira in a single post as shown in a twitter post by Ezra ‘God’ Olubi a cofounder of the firm.

As stated in the twitter post and Sa showed in Paystack blog, At exactly 9:56 PM West Africa Time, the fintech startup crossed a billion Naira processed in a single month.

At exactly 9:56 PM (WAT) on the 25th of July, 2017; Paystack crossed a billion Naira processed in a single month.

— Ezra ‘God’ Olubi. (@0x) July 25, 2017

Paystack claimed that such revelation was not to brag about their accomplishment but to tell their story. For my part, I think I love what Paystack is doing.

Paystack is becoming very popular in Nigeria. Last year the company raises $1.3 million home and abroad to finance the firm. Pay stack started operating in Nigeria on October 2015. And since then many SMEs and online businesses uses Pay stack has their payment system. For now, we do not know the number of businesses that use Paystack.

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