All you need to know about the Brass-Paystack MFB transition

▤ Summary

Paystack is shutting down Brass and moving active customers to Paystack MFB by July 31, 2026. Customers who migrate keep core banking functions such as account management, payments, and balance transfers, but they will lose access to the Brass platform and some historical transaction data will not move over. The transition reflects Paystack's broader shift from payments into business and consumer banking, supported by its banking licence and prior acquisition of Brass. Paystack also signals near-term expansion plans for Paystack MFB, including bulk transfers and virtual cards.

▦ Linked Companies

Paystack

$10M to $25M