# Paystack funding: rounds and investors

> Paystack has raised $8.0M across 1 round since 2018. Investors include Y Combinator, Tengxun Touzi and Visa. Every round with its source.

Source: https://millionrounds.com/company/paystack (Millionrounds; every figure on the page links to its filing or article)

Nigeria · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Paystack*

One round we have observed, with the 8 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Y Combinator: W16

Funding summary Updated 26 Oct 2026

**$8.0M** raised across 1 round since 2018, from 2 sources

- **Latest round:** Series A, $8.0M Aug 2018
- **Investors:** 8

See who backed them

## The rounds

- **Aug 2018** Series A **$8.0M** [Y Combinator](https://millionrounds.com/fund/y-combinator) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Visa](https://millionrounds.com/fund/visa) [Stripe](https://millionrounds.com/fund/stripe) [Tom Stafford](https://millionrounds.com/fund/tom-stafford) [Gbenga Oyebode](https://millionrounds.com/fund/gbenga-oyebode) Dale Mathias Stripe/ Visa Reported by FinSMEs and 1 other SEC filing: $10M sold, first sale Aug 2018

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round

[Visa](https://millionrounds.com/fund/visa) Corporate VC **1** round

[Stripe](https://millionrounds.com/fund/stripe) Company **1** round

[Tom Stafford](https://millionrounds.com/fund/tom-stafford) VC firm **1** round

[Gbenga Oyebode](https://millionrounds.com/fund/gbenga-oyebode) Angel **1** round

Dale Mathias no record of our own yet **1** round

Stripe/ Visa no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paystack).

## Also claim to have backed them

These 2 firms list Paystack as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) VC firm Per its own site

[The Continent Venture Partners (TCVP)](https://millionrounds.com/fund/the-continent-venture-partners-tcvp) VC firm Per its own site

## Quick answers about Paystack

### Who invested in Paystack?

Paystack's investors include Y Combinator, Tengxun Touzi, Visa, Stripe and Tom Stafford, and 3 more on record.

### How much has Paystack raised?

Paystack has raised $8.0M across 1 round since 2018.

### When did Paystack last raise?

Paystack's most recent round was a Series A of $8.0M in Aug 2018.

### What was Paystack's biggest round?

Its most recent round, $8.0M in Aug 2018, is also its largest on record.

### Who backed Paystack first?

Paystack's first round on record, in Aug 2018, was backed by Y Combinator, Tengxun Touzi and Visa and 5 others.

### What stage is Paystack at?

Paystack's latest named round is a Series A, in Aug 2018.

### Where is Paystack based?

Paystack is based in Nigeria.

## Companies like Paystack

In the same sector, and raised in the last eighteen months.

[**Nomba** $33M · Sept 2026](https://millionrounds.com/company/nomba)[**Yellow Card** $73M · Aug 2026](https://millionrounds.com/company/yellow-card)[**Moove** $350M · Aug 2026](https://millionrounds.com/company/moove)[**Daya** $2.4M · Jun 2026](https://millionrounds.com/company/daya)[**CreditChek** $600K · Jun 2026](https://millionrounds.com/company/creditchek)[**BFREE** $3.0M · May 2026](https://millionrounds.com/company/bfree)

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