Payment processing giant Stripe has acquired Nigerian startup Paystack in a $200 million plus deal, making it the biggest startup acquisition in Nigeria as well Stripes biggest acquisition to date.
Stripe seeks to expand into the African Market in its bigger strategy announced earlier this year to expand its API- based payment processing services to more regions.
![Winners Of MEA Markets Magazine 2020 African Excellence Awards [Nigeria/West Africa] Winners Of MEA Markets Magazine 2020 African Excellence Awards [Nigeria/West Africa]](https://i0.wp.com/www.positivenaija.com/wp-content/uploads/2020/11/2020-African-Excellence-Awards-Logo.jpg?resize=660%2C227&ssl=1)