Egypt’s enza raises $6m seed+ round to expand payments infrastructure across Africa

Egyptian payments infrastructure startup enza has raised US$6 million in a seed+ funding round to help it expand operations across Africa.

Launched in 2023, enza provides payments infrastructure to banks and fintechs across Africa, offering a modern alternative to legacy providers that lets clients bring new payment products to market faster and at lower operating cost.

Banks connect through a single integration to enza’s platform while keeping control of their merchants and data. The company currently serves bank and fintech clients in 12 countries.

enza raised US$6.75 million in seed funding in March 2025, and it has now followed that up with a US$6 million seed+ round led by 4DX Ventures, with British International Investment (BII) joining as a new investor. Quona Capital and Algebra Ventures, which co-led enza’s seed round last year, added to their positions.

enza will use the new funding to expand into new markets, particularly those where payments digitisation is both a major opportunity and a national priority, and to secure the additional licences needed to serve more banks and fintechs there. The capital will also support the expansion of its product line.

“Since our launch, we have been building the payments infrastructure partner African banks and fintechs have been missing. Our existing investors have seen us deliver, and they have put more capital behind us to accelerate our growth,” said Hany Fekry, group CEO of enza.

“To have leading fintech investors and a development finance institution of BII’s standing back that, after looking hard at what we do, is a powerful endorsement. For our clients, it means a partner with the resources and stability to keep investing in their payment capabilities.”

Daniel Marlo, managing partner at 4DX Ventures, said payments in Africa had moved well beyond cards and become truly omni-channel, yet the infrastructure banks depend on had not kept pace.

“4DX led this round because we see that enza addresses a key gap in the ecosystem and the founders have done this before,” he said. “They helped build one of the continent’s leading payment processors, serving banks across more than 40 African markets, and subsequently led processing and regional operations for one of the region’s largest payments companies following its acquisition of their business. That record has earned them the trust of banks, schemes and regulators across Africa.”

Chirantan Patnaik, head of disruptive ventures at BII, said enza gave banks and financial institutions the modern infrastructure they needed to reduce costs, broaden payment options and expand access to affordable financial services.

“Our investment in enza reflects our focus on inclusive finance and supporting SMEs by tackling a major barrier: the high cost and complexity of digital payments infrastructure,” he said.

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