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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