Fundz

Enza, an African fintech founded by ex-Network International executives, has raised $6 million in seed funding. The funding will be used to build infrastructure for banks and fintechs across Africa.

PRIVATEMar 24, 2025

Amount Raised

$6 Million

Round Type

Seed

DubaiFinancial ServicesPaymentsFinanceFintechLending

Investors

Quona CapitalAlgebra Ventures

Description

Enza, a fintech launched by former Network International executives, has successfully raised $6 million in seed funding. The company aims to provide a comprehensive range of local payment solutions for banks and fintechs. With a vision to innovate in the payments landscape, Enza addresses underserved needs in the African market. The funding will support their efforts in building necessary infrastructure for financial services.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Enza that raised within 45 days of this round, from Fundz verified event records.

  • House of Doge raised $2.2M (Seed) on April 30, 2025.
  • House of Doge raised $175K (Pre-Seed) on March 31, 2025.
  • Higala raised $2.8M (Seed) on March 24, 2025.
  • Triumph Financial raised $20M on May 8, 2025.
  • PB Fintech Group raised $218M (Seed) on May 8, 2025.
  • Ensysce Biosciences raised $2.2M (Seed) on April 23, 2025.

Who to call at Enza, and when

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Company Information

Company

Enza

Location

Dubai, Dubai, United Arab Emirates

About

Enza is a fintech founded in 2022 aimed at building infrastructure for banks and fintechs in Africa. It offers a range of local payment solutions, including cards, wallets, and real-time payments. The company's mission is to help underserved small businesses across the continent accept in-person and online payments at little to no cost. Enza officially launched in January 2023 and targets large financial markets such as Egypt, Nigeria, and South Africa.

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Related People

3 contacts
Verified contactsOmar F., Group Chief Commercial OfficerSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Enza's next move

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Enza raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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