AcquiredStartups
Acquirer · Corporate

Paystack

1Exits trackedUndisclosedDisclosed value—Median price0Acquihires
Photo: Ayorinde Ogundele / Wikimedia Commons, CC BY-SA 4.0
Fintech · Nigeria

Paystack quietly acquired card-issuing fintech Allawee, customer emails show

The Stripe-owned payments company bought Allawee in 2025 without announcing it. The deal surfaced when Allawee told customers their accounts and cards would stop working on 1 December 2026.

PriceUndisclosedRaised$1mLast stageStage n/aBuyer typeCorporate
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