Paystack

Few fintech players in Sub-Saharan Africa match the executional depth of Paystack. From Lagos, the group manages a workforce of approximately 1k and generates close to $1B in revenue, while steadily widening the gap with regional peers.

Talent density and engineering culture have become a quiet competitive moat, particularly as the sector consolidates around fewer global champions.

“Paystack is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”

Few catalysts on the horizon look bearish; the central scenario is a continued, controlled compounding story.