Paystack leads investment group to acquire Brass
Brass has been acquired by an investment group led by Paystack, with participation from PiggyVest, Ventures Platform, and P1 Ventures
Every day, thousands of businesses use Paystack's payments tool to accept payments from customers from anywhere in the world. Payments, however, are only one part of a business' financial stack.
To meet their goals, ambitious businesses in Africa require a wide-variety of world-class tools from payroll to expense management and beyond - the kinds of tools built by Nigeria-headquartered Brass.
Brass and Paystack have had a long working relationship since Brass' founding, and we're thrilled today to announce a new chapter in our partnership: Brass has been acquired by an investment group led by Paystack, with participation from PiggyVest, Ventures Platform, P1 Ventures, and angel investors Oo Nwoye and Olumide Soyombo.
Each member of the investment group brings several years' worth of experience financing and building reliable financial service products, and together with a new infusion of capital, we're excited for Brass' next stage of growth.
Learn more about the next chapter for Brass on the Brass Blog.
