Paystack leads acquisition for Brass

4 years ago, Brass started with a simple mission of enabling entrepreneurship for Africans, making it more permission-less and successful. Emmanuel and I started with simple goals to build world-class financial and commerce tools and provide local businesses with the right resources and support.

Over the years, we have added and supported tens of thousands of businesses with top-end financial tools for local businesses, and we are just getting started. We have also had the incredible opportunity to build with some of the most brilliant and talented people we know.

Brass has grown tremendously since we started this incredible journey, and it continues to be an important player in Nigeria’s SMB economy.

Today, I write to officially share that Paystack has led a consortium with members like Piggytech, Ventures Platform, and P1 Ventures to acquire Brass to continue the work we started. Brass has been product-led since its founding days, building incredible products with a great brand and leading an amazing team.

Following the acquisition, Brass will continue to build and support its customers and grow with a new leadership team, as the founding leadership team will leave to pursue other opportunities. The work of making entrepreneurship permission-less is far from finished, and we definitely look forward to what’s next from the new team.

We would like to express our heartfelt gratitude to the entire community, our invaluable backers, and our trusted partners. Your unwavering support has been instrumental in our journey, and we are deeply thankful for every contribution you have made.

– Sola for the Brass team.