Ex-Network International execs raise $6M for Enza, an African fintech serving banks

Ex-Network International execs raise $6M for Enza, an African fintech serving banks

Enza raises $6 million in seed to build infrastructure for banks and fintechs, offering a range of local payment solutions.

The Egyptian startup enza raised $6.75 million in start-up to accelerate its mission of digitalizing payments and promoting inclusive trade in Africa. Specializing in payment solutions for banks and fintechs, enza offers services tailored to local needs, including cards, electronic wallets and real-time payments. This first external financing, co-led by Algebra Ventures and Quona Capital, will serve to strengthen its presence in Africa, deepen i…

FUNDING | Pan-African Fintech, Enza, Raises $6.75 Million in Seed Equity After Securing Over 10 Million Monthly Contracted Transactions in Key African Markets

Pan-African fintech, Enza, has announced that it has secured a $6.75 million investment in a seed equity round co-led by Algebra Ventures and Quona Capital.   This funding round represents Enza’s first external investment and will help its mission ‘liberate the world of payments for more inclusive, opportunity-led commerce‘ across the African continent. “We are thrilled to partner with Algebra Ventures and Quona Capital, who share our vision of …

MigraPay Launches New Money Transfer App to Send Funds from Canada to Africa with Low to Zero Fees – Cloud PR Wire

Canada, 24th Mar 2025– Migra Pay Inc., a Canadian fintech startup, has officially launched its international money transfer app, enabling users to send money from Canada to Africa and other countries quickly, securely, and with low to zero fees on most transfers. The app, now available on iOS and Android, provides fast and affordable remittance with transparent exchange rates and no hidden charges. Send Money from Canada to Africa – Fast, Secure…

Network partners with flydubai to introduce new mobile money payment option in Kenya - The Informer Media Group

Network International, a leading enabler of digital commerce in the Middle East and Africa, has extended its partnership with Dubai-based carrier flydubai to introduce mobile money payments for its customers in Kenya and Uganda. The move will facilitate seamless transactions for bookings and other airline-related services in the East African Region, enabling travellers to access more payment options beyond cards. Customers travelling with flydub…

Fintech firm enza raises $6.75m in seed funding

Enza, a payment solutions provider focused on Africa, has secured $6.75m in a seed funding round, jointly led by Algebra Ventures and Quona Capital. The payments firm serves banks and fintech companies, helping them offer region-specific capabilities such as cards, digital wallets, and real-time payment services. Its offerings are claimed to lower transaction costs, enabling clients to expand their market reach and build the foundation for broad…