Senin, 26 Desember 2016

Entrepreneurs Launch New Service to Help More African Business Owners Accept Online Payments

Shola Akinlade and Ezra Olubi, founders of Paystack
Shola Akinlade and Ezra Olubi, founders of Paystack
Online retail is a booming industry in the U.S. with sales expected to increase by 45 percent this year, but in Africa only about 1% of all transactions happen online. So, two Nigerian entrepreneurs have developed a product that offers a centralized way for African online merchants to accept online payments, and they just received $1.3 million in seed investment to help fund their company which is based in Lagos, Nigeria.
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