Sunday, October 11, 2026 · Lagos · Nairobi · Cairo · Johannesburg
About Contact Advertise
Live
Spiro raises $215 million for battery swapsSeptember funding: $260.3 million across 54 dealsAeon raises $1 million, led by Terra IndustriesPaystack lets AI agents pay for airtime and ChowdeckSouth Africa pulls an AI policy written by AIMeet Dada Iyanuoluwa, the young founder of TermResultAlliance puts $500,000 into Kenyan fintech Cloud9Moniepoint gives informal traders an AI they can talk toPaymob raises $35 million in EgyptArc Ride raises $33.3 million in NairobiSpiro raises $215 million for battery swapsSeptember funding: $260.3 million across 54 dealsAeon raises $1 million, led by Terra IndustriesPaystack lets AI agents pay for airtime and ChowdeckSouth Africa pulls an AI policy written by AIMeet Dada Iyanuoluwa, the young founder of TermResultAlliance puts $500,000 into Kenyan fintech Cloud9Moniepoint gives informal traders an AI they can talk toPaymob raises $35 million in EgyptArc Ride raises $33.3 million in Nairobi
AdvertisementHarbour LedgerPay suppliers in Lagos, Nairobi, and Cairo from one ledger.Open an account
Fintech

Paystack is letting AI agents pay for airtime, transfers, and Chowdeck

Index, built with TSG Labs, is an early-access checkout inside ChatGPT, Claude, and OpenClaw. It is live first for Zap users in Nigeria.

Person paying on a phone

Illustration. Reporting is based on company statements and published accounts of the round or the bill.

Paystack has opened an early-access product, Index, that lets people in Nigeria complete some payments by asking an AI agent instead of opening an app.

Index sits on Paystack Checkout and on Zap, Paystack’s consumer transfer product. At launch it can buy airtime and data, send money through Zap, and order food through Chowdeck. It works with ChatGPT, Claude, and OpenClaw. Invitations are limited.

The product comes out of TSG Labs, the venture studio inside The Stack Group, the holding company Paystack announced in January 2026. The group also holds Zap and Paystack Microfinance Bank.

Paystack has been widening the surface around its original merchant tools: Zap in March 2025, an AI pass over the merchant dashboard, a small-business bundle, Capitec Pay in South Africa, Pesalink in Kenya, and an integration with Flowcart. Index is the first of those moves that puts an agent, not a person, at the checkout.

The company has said it does not expect meaningful volume for at least a year. That is the right pace. An agent that can spend money is only useful if the merchant, the limit, and the receipt are boringly reliable. Anchor, another Nigerian infrastructure company, has put out an MCP server so agents can call its APIs. The rails are being built before the habit exists.

More in Fintech →

AdvertisementSavannah Grid · SponsoredPower the office when the grid does not.Get a quote

You might have missed

FintechBujeti opens its AI finance teammatesStartupsVatar raises $500,000 at a $10 million valuationEast AfricaSafaricom’s $500 million bet on M-PesaOpinionNine Nigerian deals and almost none of the money