Company profile

Paystack Microfinance Bank Limited

Paystack Microfinance Bank Limited (Paystack MFB) is a licensed financial institution operating as an independent sister company to Paystack Payments Limited. Launched following the acquisition of Ladder Microfinance Bank in January 2026, the entity marks Paystack's evolution from a payments processor to a comprehensive financial operating system. Headquartered in Lagos, Nigeria, Paystack MFB provides business lending solutions, including working capital loans, revenue-based merchant cash advance, overdraft facilities, and term loans to the 300,000+ businesses processing trillions of naira monthly through the Paystack network. The bank leverages transactional data for live cash flow underwriting, enabling faster approvals and tighter risk models than traditional lenders. Additionally, it offers banking-as-a-service (BaaS) infrastructure and treasury management products for companies building financial tools.

Sector

Financial services / Microfinance Institutions, Digital Banking

Markets

Nigeria

Ownership

Private

Source: Partner Researchers.