Stripe Acquires Paystack; India's Razorpay Nets $100M & Joins Unicorn Club; Yandex Drops $5.5B Tinkoff Takeover

Weekly FinTech Digest | Week 42

This week (12-16 October) was yet another interesting week in FinTech this year. Stripe is stepping up its expansion into Africa through the acquisition of Lagos-based payments firm Paystack in a deal reportedly worth more than $200 million; Indian payments processor Razorpay has joined the Unicorn ranks after raising $100 million in Series D financing;