Enza Raises $6 Million To Build Payment Infrastructure for Banks Across Africa
- Enza raised $6 million in seed funding to build payment infrastructure for banks and fintechs across Africa.
- The fintech aims to bridge the gap between traditional banks and agile startups by providing essential tools.
- Enza's platform supports both the issuing and acceptance sides of transactions, unlike traditional processors.
Tech In Africa - Mar 24, 2025
Enza Raises $6.75M Seed Funding to Boost Embedded Payment Solutions Across Africa
Enza, a Dubai-based embedded payment startup founded by former Network International executives, has
Enza's approach to enhancing the payment infrastructure in Africa is commendable, as it addresses the critical need for financial inclusion and competition in the banking sector. The focus on leveraging transaction data for cross-selling financial products could significantly benefit both banks and consumers. However, the challenge will be to maintain regulatory compliance while fostering innovation in a rapidly evolving fintech landscape.
