Paystack Raises $5M Series C to Expand Across nigeria

Paystack, one of Africa's leading fintech startups, has successfully closed a $5M Series C funding round. The nigeria-based company plans to use the funding to expand operations across more African countries and enhance its technology platform. The startup has demonstrated strong growth metrics and is addressing critical infrastructure needs in the fintech sector. With this latest funding, Paystack is well-positioned to scale its operations and serve more customers across the continent. Industry experts note that Paystack's approach to solving fintech challenges in Africa represents a significant opportunity for both social impact and financial returns. The company's innovative use of technology has already shown promising results in initial markets.