enza, an Abu Dhabi, UAE-based fintech company providing payments solutions, raised $6.75M in Seed funding.
The round was led by Algebra Ventures and Quona Capital.
The company intends to use the funds to strengthen its presence across key markets in Africa, and expand its partnerships.
Led by CEO Hany Fekry, enza provides payment solutions that enable banks and fintechs to offer locally payment capabilities, including cards, wallets, and real-time payments. Existing client use cases include the enablement of digital payment options such as domestic schemes, real-time payment services, mobile money, and BNPL, alongside the international payment schemes, generating value for its customers and consumers and businesses in multiple African countries.
The company has a presence in Egypt, Nigeria and South Africa,
FinSMEs
27/03/2025