In 2017, two Nigerian founders looked at a simple problem:
Millions wanted to save money.
Very few had the tools to do it consistently.
Today, Cowrywise helps hundreds of thousands of Nigerians save and invest.
This is the story of Razaq Ahmed and Edward Popoola 🧵
In 2002, eBay bought PayPal for $1.5B.
Its early team went on to build Tesla, SpaceX, LinkedIn, YouTube, & Palantir. They were dubbed the "PayPal Mafia."
In 2020, Stripe bought Nigeria’s Paystack for $200M+.
Now, a new group is taking the stage: The Paystack Mafia
14+ former Paystack employees have gone on to launch 14+ startups. Raising over $50M+ in funding:
• Mono (Open banking, $17M+ raised)
• Chowdeck (Food delivery, 1M+ monthly orders)
• Grey (International banking)
• Start Button, Brass, Bjetti & more.
The secret? Paystack didn’t just build a payment platform. They hired for raw potential, gave young talent complete ownership, and created founders.
When employees left, founders Shola & Ezra didn’t see betrayal; they wrote cheques.
@dammiedammie35 Bro just created 6 broken homes and yet he is preaching "true" masculinity. Children with a warped mindset would come from those homes because of an absent father yet he is there judging other young people.