Achyut Shrestha
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- Y Combinator56 min
Helping African Businesses Get Paid, Shola Akinlade of Paystack
Shola Akinlade, Craig Cannon, Creative Joe, Paul Israel, Nelson, Nestor Ezeagu, Car Joyy, Achyut Shrestha, Jordan Jackson
Founded in 2016 by Shola Akinlade and Ezra Olubi, Paystack transformed into Africa's leading payments infrastructure provider by simplifying complex banking processes for merchants across Nigeria and expanding into Ghana. The company accelerated from processing $200 to over $20 million in monthly transaction volume within three years, supported by a Series A investment from Stripe and Visa that facilitated its strategic growth. Through a rigorous internal engineering bootcamp and a focus on localized product adaptation, Paystack continues to build the foundational layer for the continent's next generation of digital businesses.