Paystack M&A Spree, SEC Crypto Crackdown, and African VC Compounding

Paystack is quietly assembling a fintech empire by folding Allawee into its operations, marking its second acquisition of the year. The card-issuing fintech will close its doors on December 1, 2026, with its technology now operating within Paystack's stack. This follows the earlier absorption of Brass and the acquisition of Ladder Microfinance Bank, giving Nigeria's largest payment processor a banking licence and a full-stack financial...