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Nairaland Forum / Nairaland / General / Business / Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa (33987 Views)
Stripe Acquires Paystack For $200M+ / What Business Can I Start With 1 Million To Make 5k Daily? / Union Bank Secures $200 Million OPIC Funding For Smes And Women Initiatives (2) (3) (4)
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Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Gerrard59(m): 7:28pm On Oct 15, 2020 |
DadaStephen1: It happens everywhere. American tech companies are huge money bags which require huge financial power to resist their bids. ARM was acquired ditto many European tech companies. Even in other industries, American firms hold sway, have money and can do and undo. It's hard to resist their offerings except you have strong financial institutions ready to support, a huge economy (preferably top five), huge consumer market and entrepreneurial scene. The only countries which have been able to resist such are China and Japan. Trust me, if American companies aim at your companies, it's hard to say no. At the bold, that's low budget Karl Marxism which is not even practiced in China. 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by GreyLaw(m): 7:30pm On Oct 15, 2020 |
wink2015: Fraud is your second name? Wow! Congratulations! 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Gerrard59(m): 7:33pm On Oct 15, 2020 |
CSTRR: However you see it, it's a fantastic deal for the industry and country. Now, people would be able to build even for the sole aim of cashing out, which is a good thing. Indian entrepreneurs who have a way bigger market and economy cannot resist American offers, it's Nigerian entrepreneurs with a smaller market that should decline offers? 2 Likes |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Donpaper: 7:40pm On Oct 15, 2020 |
Gerrard59:Indian IT world is something else. Their president recently invested billions of dollar into the industry. Guys, if you don't know more than browsing & posting on SMs you're a gonna. Tech is the new bae. 2 Likes 1 Share |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by olson(m): 7:42pm On Oct 15, 2020 |
CSTRR:They can always start a new thing with that money. This is Africa my brother there is lot of stuff that yet to be done here compare to US and Europe. If they can build paystack to what it is today, my brother, they can always look into a new challenge with that money. Just look at Elon musk, from PayPal to Tesla to Solar City and SpaceX. 2 Likes |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Nobody: 8:20pm On Oct 15, 2020 |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Nobody: 8:48pm On Oct 15, 2020 |
thebosstrevor1: German in ownership; african in branding. |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by EMMY76: 9:20pm On Oct 15, 2020 |
$200m is quite a huge sum never knew paystake is worth such amout. It's like it's because of this acquisition that's making me unable to buy bitcoin from my luno wallet for some time now. |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by overlord77: 9:31pm On Oct 15, 2020 |
plat0: I knew it that these guys would hit it big. Theirs payment API is one of best in africa. Very smooth and reliable. Awesome job guys. To think am working on an ecommerce app that integrates stripes for payment processing. Am glad one of ours had joined in. Wow, $200M is some cheese bruh 2 Likes |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Nobody: 9:53pm On Oct 15, 2020 |
Bagehot: The founders are French, the sponsors are German called rocket internet, they are venture capitalists firm. But it seems presently, they have sold their shares in jumia |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by BigBashiru: 9:57pm On Oct 15, 2020 |
plat0:Good development - the more foreign owned companies in nigeria the better - nigeria needs to adopt £ or $ too. in the foreign owned companies bosses wont be asking out female coworkers because there are ethics and standards. the companies will be stable and wont collapse after several years. |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by alphaNomega: 10:57pm On Oct 15, 2020 |
southniyikaye: If you attended a Nigerian university, I can tell you for free that you have nothing to regret. Learning computer science in these schools would not give you the knowledge and insight required to build world changing applications. The creator of paystack did not acquire his knowledge from his Nigerian teachers. 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Cromagnon: 11:04pm On Oct 15, 2020 |
southniyikaye:you don't need to code to make an app. Just fund the coders 2 Likes |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by obama30: 11:59pm On Oct 15, 2020 |
kingmurainah: Tell Ijaw boys who think that oil will last for ever, and those from the other side that believe south cannot see light because of oil 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Nobody: 12:39am On Oct 16, 2020 |
Nightstalker: It's over $200 million bro. Meanwhile, you really took the damn-nigger guy and his friend to the cleaners. ![]() 2 Likes |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by lawcompa: 4:07am On Oct 16, 2020 |
Congratulations to Babcock University.. These 2 are a product of Computer Science, Babcock University. Impossible is nothing!!! 2 Likes |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Mosco100(m): 9:48am On Oct 16, 2020 |
Luftwaffe:Maybe it's not given unto him of the Father. |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by showafrica(m): 10:04am On Oct 16, 2020 |
MintedWords: That guy by the left for don die since assuming him dey 9ja. Some people in the north want to make sure south didnt go forward. 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by MintedWords: 10:19am On Oct 16, 2020 |
showafrica: In my honest assessment, the north is very jealous of the south. See them coming out with their #Endbanditary #Endterrorism after criticizing our #EndSARS. Nonsense!!! 2 Likes |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by showafrica(m): 10:27am On Oct 16, 2020 |
MintedWords: Jealousy no be here... They are so afraid of been left behind. 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Litmus: 11:10am On Oct 16, 2020 |
These ones are not the type that shout, 'Nigeria's disintegration', up and down. They made no excuses, blamed no one, they did thire thing. They saw the opportunity in Nigeria, the great big yawning possibilities that is Nigeria, and took advantage and now look at them. They shouldn't have cashed in yet though. They should have held on to thire business longer and be more ambitious. Elon Musk is human too. |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by adaperry25: 12:49pm On Oct 16, 2020 |
Thumbs Up to them..it's their decision..but I believe other IT guys have their innovations too that the global World is yet to see and develop |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Savagethe21st(m): 12:51pm On Oct 16, 2020 |
pansophist:nobody can predict future...what if they went bankrupt and crashed later on 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by Gmajor(m): 2:44pm On Oct 16, 2020 |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by iLegendd(m): 2:59pm On Oct 16, 2020 |
kingmurainah: The truth. 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by ebuka1997: 8:52pm On Oct 16, 2020 |
CSTRR: Create yours and get offered money to sell it and don’t sell it, see your mouth like Nigerians are short-sighted. Nairaland that was offered money to sell it and refused, see how useless Nairaland is, nairaland that should have been as huge as reddit in Africa and expand through the whole Africa. To place an advert on Nairaland you have to make a bank transfer, what nonsense. |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by ebuka1997: 8:54pm On Oct 16, 2020 |
tensazangetsu20: You’ll know when people are pained 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by ebuka1997: 8:59pm On Oct 16, 2020 |
CSTRR: It’s good saying that in Hindsight, what certainty was there that YouTube would have so much acceptability back then in 2006 when it was acquired, it wasn’t even the first and only video sharing platform. It might have been mismanaged or went under due to lack of funds, being acquired also creates the right ecosystem for a company to thrive. 1 Like |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by ebuka1997: 9:06pm On Oct 16, 2020 |
CSTRR: Bros I’ll keep tagging you till you stop this useless argument, Elon Musk was among the sellers of PayPal to EBay for $1.5 billion and used the funds to achieve greater investments and Tesla is now more than 9 times worth than EBay that acquired PayPal so dead that talk, those young guys could go on to develop things with the cash in the future that would even surpass Paystack. 2 Likes |
Re: Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa by ebuka1997: 9:23pm On Oct 16, 2020 |
alphaNomega: See how you downgrade yourself, they both attended Babcock University from where they created Paystack, the founder of piggy bank schooled in Nigeria. Not achieving anything has nothing to do with schooling in Nigeria or not. 2 Likes |
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