Paystack, the Stripe-owned Nigerian fintech, has launched a Small Business Program to provide Nigerian merchants with access to funding, networks, tools and services to run operations effectively.
The initiative launched with the Paystack Small Business Bundle, a package that offers 2,000 eligible merchants discounts worth up to ₦4 million ($2,923), according to the company.
The launch is a part of Paystack’s effort to strengthen its relationship with the businesses that use its payment infrastructure. Paystack has recently expanded into services that support merchants beyond payments, as evidenced by its acquisition of a microfinance bank licence in January.
The Small Business Program extends that strategy by partnering with service providers to help merchants access the tools they need to run and grow their businesses, including commerce, bookkeeping, logistics, design, customer communication, and digital tools.
Originally published by TechCabal.