Published 9 days ago • loading... • Updated 8 days ago

Zap Challenges Paystack's Use Of Its Trademarked Name - Swift Reporters

Summary by Swift Reporters

Zap Africa, Nigeria’s first non-custodial exchange, is formally challenging Paystack, a payment solutions provider, for using the trademarked “Zap.” The dispute follows Paystack’s recent launch of a payment feature called “Zap by Paystack,” potentially causing brand confusion among users. In Nigeria, Zap Africa holds exclusive rights to the “Zap” trademark, and the company has taken legal steps to protect its intellectual property. “We have work…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

5 Articles

All

Left

Center

Right

thecondia.com

Exclusive: Paystack issues warning to Zap Africa amid product trademark controversy

Paystack, a Stripe-owned African payment startup, has issued a cease and desist notice to Zap Africa, a crypto startup, amid the controversy around the launch of its new consumer product, Zap by Paystack, on Monday. The notice was sent this morning in response to online chatter by Zap Africa concerning trademark violations. The product announcement, which was met with mixed reactions, has seen Zap Africa challenge Paystack for negligence in veri…

8 days ago

Read Full Article

Swift Reporters

Zap Challenges Paystack's Use Of Its Trademarked Name - Swift Reporters

8 days ago

Read Full Article

technext24.com

"Did they just not care?" | Zap Africa CEO speaks on Paystack’s new branding

The Nigerian fintech ecosystem is no stranger to disruption, innovation, and the occasional clash of brands. It’s a high-stakes arena where companies compete not just on product delivery but also on identity. Recently, a dispute has emerged between two players in this space, Paystack and Zap Africa, over the use of a shared name: “Zap.” For Tobiloba Asu-Johnson, the co-founder and CEO of Zap Africa, the controversy is personal, professional, and…

8 days ago

Read Full Article

TechCity

Reposted by

reportnaija.ng

Zap Enforces Legal Action to Protect Its Brand from 'Zap by Paystack' Misuse

Zap Enforces Legal Action to Protect Its Brand from ‘Zap by Paystack’ Misuse Zap Africa, Nigeria’s leading non-custodial exchange, has initiated legal action against payment solution provider Paystack, to protect their brand identity from the unauthorised usage of its name. Paystack recently launched a consumer-focused product called “ Zap by Paystack,” which caused brand confusion. “We’ve been building Zap for 3 years, intentionally and with f…

9 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year