Paystack YC Application
Paystack went through Y Combinator in the Winter 2016 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.
- YC batch
- Winter 2016
- Industry
- FintechPayments
- Team size
- 115
- Status
- Acquired
- Launched
- 2015
Founders
Shola AkinladeFounder/CEO
Ezra OlubiFounder/CTO
What Paystack does
Paystack is a small and vibrant family working across Lagos and San Francisco. We enable businesses to accept payments via credit card, debit card, money transfer, and mobile money, directly from their website or mobile app.
Paystack's YC application, reconstructed
Y Combinator application
Paystack, Winter 2016 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Paystack
Modern payments infrastructure for Africa
We built a payments platform that lets businesses across Africa accept payments through credit cards, debit cards, money transfers, and mobile money directly on their websites or apps. Our product handles the complexity of integrating multiple payment methods in one place for African merchants.
We live and work in Lagos, Nigeria. After YC, we plan to keep the company primarily based in Lagos but also expand presence to San Francisco to connect with global investors and partners.
We chose Lagos because that's where the opportunity and need for payment infrastructure is greatest. We also operate from San Francisco to tap into YC's network while keeping real product and support close to our users in Africa.
21 more answers in the full application
Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.
Frequently Asked Questions
Is this the real Paystack YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Paystack's public data (launch notes, founder backgrounds, product description). It shows how a company like Paystack would present itself to YC, not the text they submitted.
What YC batch was Paystack in?
Paystack was part of the Y Combinator Winter 2016 batch.
Who founded Paystack?
Paystack was founded by Shola Akinlade, Ezra Olubi.
What does Paystack do?
Modern payments infrastructure for Africa
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Paystack's application, and every other YC batch, is in YC Insights.
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