New Mastercard-Enza Partnership to Fuel Fintech Innovation Across Africa
IT News Africa | Mamsi Nkosi - Jun 19, 2025
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  • The number of fintech companies in Africa has nearly tripled since 2020.
  • Many fintech innovators are embedding payment services into broader solutions to improve financial access.
  • Mastercard has partnered with enza to connect fintech companies in Africa to its network.
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The partnership between Mastercard and enza represents a significant step towards enhancing financial inclusion in Africa. By simplifying access to payment solutions, it empowers fintech companies to innovate and compete on a global scale. This could lead to transformative changes in the financial landscape of the continent, but it also raises questions about the sustainability of such rapid growth and the potential for market saturation.
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