Nigerian fintech startup, Paystack. has expanded to South Africa after relatively being quiet since it was bought by fintech giant Stripe last October. 

The Stripe deal, worth more than $200 million, birthed shockwaves to the African tech ecosystem and also gave validation to work done by the founders, other startups and investors alike.

Paystack has on 6th May, announced its official launch in South Africa.

According to the company, since expanding to Ghana, the company has grown and claims to power 50% of all online payments in Nigeria with around 60,000 customers, including small businesses, larger corporates, fintech, educational institutions and online betting companies. Some of its customers include MTN, SPAR and UPS, which uses the company's software for payments globally.

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The South African launch was heralded after a six-month pilot. Meaning that the project kickstarted a month after Stripe had acquired it.