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Have you ever had the perfect bowl of food? It’s like all the ingredients merged perfectly, making that meal the go-to recipe in the family. The same can be said when opportunity meets values; it creates a powerful recipe for success. This synergy is at the heart of Stripe’s continued partnership with AfroTech, where innovation and community unite to uplift the next generation of tech leaders. Stripe isn’t just any technology company; it’s the backbone of the economic infrastructure for the Internet. From bustling e-commerce platforms to ambitious startups, Stripe enables millions of businesses to accept payments, boost their revenue, and unlock new avenues for growth. Think of them as the financial engine that keeps our entrepreneurial dreams on the road. Stripe’s Vision for Economic Growth At the core of Stripe’s mission is a bold vision: to increase the global GDP of the Internet. They believe everyone should have a seat at the table, including you! Stripe’s suite of solutions is...
Stripe just acquired Paystack , a startup out of Lagos, Nigeria that provides a faster way to integrate payments services into an offline or online transaction by way of an API. View this post on Instagram A post shared by Paystack (@paystackhq) TechCrunch reports earlier this year, Stripe announced they had picked up an additional $600 million in funding and is standing on its reason – to expand its API-based payments services into more geographies. Currently, Paystack has around 60,000 customers which include fintechs, educational institutions, larger corporates, and online betting companies. According to the company, their plan is to continue to operate independently. While the terms of the deal have not been disclosed — according to TechCrunch — sources close have confirmed that it’s over $200 million. The new deal is Stripe’s largest acquisition to date anywhere, and the biggest startup acquisition — to date — to come out of Nigeria. “There is enormous opportunity,” said...