Enza, a Dubai-based embedded payments startup, has raised $6.75 million in a seed round co-led by Algebra Ventures and Quona Capital to expand its payment solutions across Africa. Founded in 2023 by former Network International executives, enza enables banks and fintechs to offer localized payment options, including cards, wallets, real-time payments, and BNPL. With operations in Egypt, Nigeria, and South Africa, the new funding will help strengthen enza’s market presence and further its mission of driving financial inclusion across the continent.

Embedded Payments Startup Enza Raises $6.75 Million