Daniel Adeyemi Share this article Paystack, a fintech company that powers growth and payments for businesses in Africa, today announced its official launch in South Africa after a six-month pilot. The launch marks Paystack’s expansion into its third market, following Nigeria (where it claims it powers over 50% of all online payments), and Ghana. This announcement is coming seven months after it was acquired by fintech giant Stripe for $200 million. In 2018, when it raised $8 million Series A it planned to use it for its Ghana expansion. The company boasts of having over 60,000 organisations on the continent using its software to collect online payments securely from anyone, anywhere in the world.