# enza

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/enza

- Industry: Financial Services
- Headquarters: Cape Town, South Africa
- Website: www.enzagroup.global/
- Total disclosed funding: $6.8M
- Latest round: Seed (Mar 24, 2025)
- Investors on record: 2

## About

Enza Group is a payment solutions provider focused on enhancing financial transaction efficiency across Africa, offering innovative services tailored to the needs of businesses and consumers alike.

Founded in 2023, Enza Group operates as a payment solutions provider specializing in enhancing financial transactions. The company is headquartered in Cape Town, South Africa, and has completed 1 deal to date. In March 2025, Enza raised USD 6.75 mn in Seed funding, co-led by Algebra Ventures and Quona Capital. As of April 2025, Hany Fekry operates as a Chief Executive Officer (CEO) of the company.

Enza Group specializes in providing innovative payment solutions across Africa, focusing on enhancing the efficiency and accessibility of financial transactions for businesses and consumers. Their core offerings include consumer payment solutions, payment orchestration for online acceptance, and various acceptance services that cater to in-person and ATM transactions. Enza's technology integrates advanced risk management and transaction security solutions, enabling businesses to process payments seamlessly while ensuring security and compliance with local and international standards. The company primarily serves small to medium-sized enterprises (SMEs), larger corporations, and financial institutions across diverse markets, including South Africa, Kenya, Nigeria, and Egypt. These solutions empower end users by simplifying payment processes, facilitating financial inclusion, and unlocking new commercial opportunities throughout the continent.

Enza Group generates revenue through a combination of transaction fees, service subscriptions, and partnerships with retailers and financial institutions. Clients engage with Enza's services through structured agreements that may involve recurring subscription models for ongoing access to their payment processing capabilities or one-time fees tied to specific transactions. For instance, businesses utilizing Enza's payment orchestration services may pay a fee per transaction processed, while retailers might engage in a partnership that includes a share of the transaction revenue. This strategic approach ensures that Enza's clients can optimize their payment capabilities while driving operational efficiency. The company's flagship offerings are designed to enhance the overall user experience and streamline financial transactions for various sectors, reinforcing its commitment to fostering inclusive commerce across African markets.

In March 2025, Enza Group plans to leverage the recent USD 6.75 mn Seed funding to expand its financial access and enhance digital commerce across Africa. The company aims to introduce new products designed to improve payment services, although specific launch dates have not been disclosed. Additionally, Enza intends to explore expansion into new markets, with a focus on further penetrating established regions like South Africa, Kenya, Nigeria, and Egypt, among others.

## Funding rounds

- Seed, Mar 24, 2025, $6.8M — Quona Capital, Algebra Ventures

## Investors

- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Seed
- Algebra Ventures (https://capitalatlas.ai/funds/algebra-ventures) — Seed