Paystack

2016

Freshman Year

 
01

January

We started this year as the ones who got a lucky break. Freshly accepted into Y Combinator, we had a lot of work to do. Camped in our Sunnyvale apartment, we hit the ground running 🏃🏾.

SFO

February

We welcomed our first stable customers and really kicked out of beta. We also got a first taste of fraud, and a chance to test our systems (We call it DSS) 💪🏾.

  • First 1m a week!

    Feb 14 - 21

  • 1000+ Transactions OK

    1604

  • New feature

    Payment Pages

Demo day
03

March

After weeks of presentation, the day finally came. This was Shola, Paystack CEO, speaking at Y Combinator's demo day 😮.

April + May

We were fundraising all through April, and closed our round in May. Immediately this was done, we headed back home to continue building. ✈️

  • Volume crossed 100M!

    162,872,534

  • 1000+ Customers!

    1661

  • New feature in beta

    Bank Payments

Office
06

June

Many many road trips and agents later, we found a place to settle. Our office in Ikeja is even close to the house of a famous Nigerian founder. 🤐

Seun Runsewe
Business
Loknan Nanyak
Engineering
Seike Ibojo
Operations
Douglas Kendyson
Customer Success

July - August

New family 🍻! We added four members to our team to become nine. We hired in engineering, business and customer support roles.

September

We couldn't really remember any stand out things that happened this month. Some months are just easy going, you know. 😫

  • 100,000+ Transactions OK

    123,868

  • New feature

    Paystack for Marketplaces

 
10
Seun Odusanya
Business

October

Our first company retreat held in Ghana. A Paystack retreat is one week, living together, writing code and eating food 😂. Also, we added a new team member to business.

Ezra
11

November

Everybody had birthdays, but one was special. Our CTO, Ezra, turned 30 this year! Still looks 24 though 😶.

Picture taken at 12:00am on his birthday.

December

We closed the year with a complete brand overhaul. We updated our look, website, and communication. We also finally announced our raise.

It's been a great year with wonderful customers and people cheering us on. We look forward to pushing more and sharing more next year. ✊🏾

  • Three comma club

    1,118,172,026

    Volume as at Dec 23
  • Successful transactions

    ~200,000

  • Live Customers

    1407