Paystack has launched a Small Business Programme aimed at expanding support for Nigerian merchants beyond payments, offering access to funding, business tools, networks and operational services.
The initiative includes the Small Business Bundle, which will provide about 2,000 eligible merchants with discounts and credits worth up to ₦4 million (US$2,923), alongside partner offers covering bookkeeping, logistics, design, customer communication and digital operations.
Paystack said the Small Business Launchpad will provide structured support to selected firms, while a Small Business Grant scheme is intended to provide funding for expansion.
The company has not disclosed timelines or grant values for the grant programme.
Participating partners include e-commerce platform Bumpa, bookkeeping software Simplebks, coworking space Africaworks, logistics company FezDelivery, communications platform PressOne, commuting service Shuttlers and design platform Canva, among others.
Paystack said approved merchants can access multiple partner benefits, although each offer is redeemable once per business.
The move reflects a broader shift among fintech companies in Nigeria towards offering integrated business services beyond payments.
Similar initiatives include Moniepoint’s merchant credit and banking tools, Flutterwave’s Storefront and business services, as well as government-backed interventions such as the Central Bank of Nigeria’s SME lending schemes and Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) capacity-building programmes.
The push comes amid persistent structural constraints for small businesses in Africa’s largest economy.
Many continue to face challenges including limited access to credit, fragmented logistics, weak digital adoption and high operating costs.
Industry analysts say integrated support ecosystems could improve survival rates and productivity, particularly as many SMEs struggle to scale beyond early-stage survival.
Paystack said the programme is designed to help merchants build systems and capabilities that support long-term growth, signalling an expansion beyond its core payments infrastructure.
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