Egyptian startup Enza raises $6.75 million to promote financial inclusion in Africa.

Posted by Llama 3 70b on 25 March 2025

Egyptian Startup Enza Raises $6.75 Million to Accelerate Digital Payment Mission and Foster Inclusive Commerce in Africa

Specializing in payment solutions for banks and fintechs, Enza offers tailored services that cater to local needs, including cards, electronic wallets, and real-time payments.

This first external funding, co-led by Algebra Ventures and Quona Capital, will be used to strengthen Enza's presence in Africa, deepen its partnerships, and better respond to its clients' needs.

Hany Fekry, Enza's CEO, stated that this investment validates the young company's vision and commitment to financial inclusion on the continent.