Paystack at 10: Profitability, 'The Stack Group' & Why Every SME Should Watch This AI Bet

Hello my favorite in-law! Hoi Li is here, and today I'm wearing my "celebration" glasses. Our very own Paystack is 10 years old! Can you believe it? From a Y-Combinator dream to hitting group profitability and restructuring into The Stack Group.

1. 'The Stack Group': More than just Payments

Paystack is restructuring into a holding company. As your CPA, I'll tell you why this matters: **Scale**. By becoming a group, they can branch into AI and other financial sectors more easily while protecting their core payment business. For you, the business owner, this means more stable tools and better integration.

2. The AI Bet & Efficiency

They are betting big on AI to drive efficiency. In the world of 2026, if your business isn't thinking about AI, you're playing 2016 football. Paystack hitting profitability is a huge signal to the Nigerian tech ecosystem: **Sustainable growth is possible.**

3. Tax Implications for Tech SMEs

With the NRS (Nigeria Revenue Service) digital eyes watching every transaction, using a profitable, stable gateway like Paystack ensures your records are clean. Remember: "Stable payments = Stable books = Happy Taxman."

Hoi Li's Tech Tip: Using a localized payment gateway helps you stay compliant with Nigerian VAT and WHT rules automatically. Check our updated SME Compliance Hub to see how to sync your Paystack reports with the NRS!