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PowerPlug365 @pp365 added blog in Technology
2025-03-27 14:01:23 ·

Brand Clash: Why Zap Africa Is Taking Paystack to Court Over a Name

Zap Africa, a cryptocurrency exchange specializing in crypto-to-Naira conversions, has issued a legal warning to Paystack, one of Africa’s leading fintech companies, over the use of the name “Zap.” The Trademark Dispute The conflict emerged after Paystack recently introduced “Zap,” a mobile app designed to simplify and accelerate bank transfers....

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Busy Body @busybody added blog in Technology
2025-04-03 12:46:16 ·

The ZAP Trademark Clash: How Paystack and a Crypto Platform Are Battling Over a Name

Recently, an interesting trademark battle has unfolded between two businesses named ZAP—one being an African cryptocurrency platform and the other a financial brand launched by Paystack. This all started when Paystack introduced its new ZAP product, prompting ZAP, the cryptocurrency platform, to challenge Paystack’s use of the name in court. What makes this case particularly...

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StartUp Point @Startuppoint added blog in Business
2025-03-25 12:55:35 ·

Zap: Paystack’s Bold Move Into Consumer Payments

Nine years ago, Shola Akinlade, CEO of Paystack, set out to make online payments seamless. That vision paid off when Stripe acquired Paystack for $200 million. Now, the company is entering a new phase with Zap, a consumer-focused payment app designed to simplify money transfers across Nigeria. This move marks a significant shift for Paystack, a fintech primarily known for serving businesses....

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