Paystack founder, Akinlade, buys 55% stake in Danish football club, Aarhus Fremad

Shola Akinlade, the 38-year-old co-founder of Nigerian online payment platform Paystack, has added Danish football club Aarhus Fremad to his number of assets.

On Tuesday, March 28, 2023, the club announced that Akinlade bought a 55% stake to become the largest single shareholder of the second-division club.

The investment marks Akinlade’s second foray into sports ownership, having owned Sporting Lagos.