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A leading payments processing company in Nigeria that recently launched a product called 'Zap'.
News published about Paystack

Swoop raises $7.3 million seed for African super app, food delivery first
TechCabal - Apr 23, 2026
Swoop raised $7.3 million in seed funding to expand its food delivery service into Nigeria. The funding round was backed by notable Silicon Valley investors including Long Journey and Variant.

Nigerian Web3 startups raised $43 million in 2025, but growth remains early
TechCabal - Apr 21, 2026
Nigeria's Web3 startups raised $43 million in 2025, doubling the previous year's figure. 89% of the funding, approximately $38 million, was concentrated on stablecoin-related finance products.

London Startup Luna Raises $5.8 Million With Aim of Giving Every Business Its Own AI Workforce
Tech Labari - Apr 17, 2026
Lua closed a $5.8 million seed round led by Norrsken22, with participation from Flourish Ventures and Y Combinator. The funding will be used to expand Lua's developer community and global implementation partner network.

Regulatory Passporting and the Future of Cross-Border Fintech in Africa
TechCabal - Apr 03, 2026
62.5% of fintech stakeholders in Nigeria plan to expand into other African markets and support regulatory passporting. Nigerian fintech companies like Flutterwave and Paystack are powering payment infrastructure across multiple African markets.

Nigeria Central Bank Announces Pilot Program for Virtual Asset Service Providers
Tech Labari - Mar 31, 2026
The CBN has launched a pilot program for Virtual Asset Service Providers (VASPs) to regulate digital assets. The pilot program will run for six to nine months and will test the operations of selected VASPs in a controlled environment.
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