Ten years after Paystack joined Y Combinator, the accelerator’s African portfolio reveals a story of fintech dominance, concentrated funding, and an ecosystem gradually building alternatives to Silicon Valley validation.
Sim is popular for pioneering the e-commerce movement in Nigeria through his company, Konga which he founded in July 2012. He raised about $80 million with Konga pre-2020 when capital was scarce in the African tech ecosystem.