Visblog

P aystack Acquires Ladder Microfinance Bank , Enters Regulated Banking and Lending in Nigeria Paystack, one of Nigeria’s leading fintech companies , has acquired Ladder Microfinance Bank, marking a major expansion beyond payments and into regulated banking and lending services in Nigeria. The Paystack acquisition grants the Stripe -owned fintech a microfinance banking licence , enabling it to accept deposits, issue loans, and offer digital banking services —functions previously restricted under its payments-only licence . With Paystack entering banking, the move positions the company at the center of Nigeria’s evolving fintech and financial services sector, strengthening its ability to serve SMEs , merchants , and underserved populations through credit, savings, and embedded finance solutions .