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A financial institution under Paystack that provides banking and credit services to merchants.
News published about Paystack Microfinance Bank

Brass Announces Full Transition Into Paystack MFB; Ceases as an Independent Entity
Tech Labari - Jun 01, 2026
Brass launched in 2020, providing Nigerian SMEs with quick banking solutions. In October 2023, Brass experienced a liquidity crisis due to withdrawal delays.
Paystack Launches Holding Company After Hitting Profitability, Payment Volumes Surge 12x Since Stripe Acquisition
Tech In Africa - Jan 20, 2026
Paystack achieved profitability and established The Stack Group as its parent company. The company processed ₦1 trillion in transactions in July 2024, a historic milestone for Nigeria.
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