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pulse Innovation Village | Technology, Product Reviews, Business August 31, 2026

Paystack to Shut Down Allawee Accounts in December

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Paystack is folding Allawee into its broader financial services business, with the Nigerian card-issuing fintech set to close its business and personal account services on December 1, 2026 , according to emails sent to Allawee customers. Allawee told customers that its technology now operates within Paystack and warned that payments sent to Allawee account numbers from December 1 will fail. Its cards will also stop working after the deadline, regardless of the expiry date printed on them.

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