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A Nigerian e-commerce firm started just five years ago has been acquired for $200m - Face2Face Africa

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US e-payments firm Stripe has ventured into Africa’s e-commerce market by acquiring Nigerian startup firm Paystack. Located in Lagos, Paystack provides payment processing services for consumers and businesses based in Nigeria and Ghana. “The African internet economy is expanding quickly, with online commerce in the region growing 21% year-over-year, 75% faster than the global average,”...

The post A Nigerian e-commerce firm started just five years ago has been acquired for $200m appeared first on Face2Face Africa.

Source: Face2Face Africa - The Premier Pan-African Voice

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