Egypt's enza raises US$6m to expand its payments platform for African banks
The company already serves banks and fintechs in 12 countries and plans to move into new markets.
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Cairo — enza, an Egyptian company that provides payments technology to banks and fintechs, has raised US$6 million to expand across Africa.
Launched in 2023, enza offers a modern alternative to older payment processors: banks connect once to its platform and can launch new payment products faster and more cheaply, while keeping control of their merchants and data. It serves bank and fintech clients in 12 countries.
Who invested
The seed+ round was led by 4DX Ventures, with British International Investment joining as a new investor. Quona Capital and Algebra Ventures, which co-led enza's US$6.75 million seed round in March 2025, invested again.
The money will go into new markets, especially where digitising payments is a national priority, into the licences needed to serve more banks there, and into new products.
"Since our launch, we have been building the payments infrastructure partner African banks and fintechs have been missing," said Hany Fekry, enza's group chief executive.
Daniel Marlo of 4DX Ventures said payments in Africa had moved well beyond cards but the systems banks depend on had not kept pace. The founders, he said, had earlier helped build a payment processor serving banks in more than 40 African markets.
Source: Disrupt Africa, November 2026.
