Paystack Becomes a Bank as It Acquires Ladder Microfinance Bank
Paystack, one of Africa’s most recognizable fintech companies, has officially crossed a major milestone by entering Nigeria’s regulated banking sector. The move marks a significant shift from its long-standing role as a payments infrastructure provider into a broader financial services institution. By acquiring Ladder Microfinance Bank, Paystack now operates a licensed banking entity known as Paystack Microfinance Bank, opening a new chapter in its growth story.
