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Enza raises $6.75M in seed round from Algebra Ventures and Quona Capital to expand digital payment solutions across African markets.

PRIVATENov 09, 2026

Amount Raised

$6.75 Million

Round Type

Seed

United Arab EmiratesFinancial ServicesPaymentsFintechLending

Investors

Quona CapitalAlgebra Ventures

Description

UAE-based Enza, a digital payment solutions provider for banks and financial companies, has raised $6.75 million in its first external seed round. The funding is backed jointly by Algebra Ventures and Quona Capital. The capital will accelerate Enza's expansion in African markets and deepen relationships with partners and customers across the continent. Enza builds financial platforms enabling institutions to launch cards, digital wallets, and instant payments tailored to local market characteristics.

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Company Information

Company

Enza

Location

United Arab Emirates

About

Enza is a UAE-based company that builds and provides digital payment solutions for banks and financial companies. The company creates financial platforms enabling institutions to launch services such as cards, digital wallets, and instant payments tailored to each market's characteristics. Enza serves African markets, helping banks and fintechs offer payment solutions to underserved populations. The company focuses on developing smart tools for SMEs and unbanked markets across Africa.

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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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