enza, a payments infrastructure provider to banks and fintechs across Africa, has closed a US$6 million Seed+ round led by 4DX Ventures, the company said in a press release dated 3 November 2026. The announcement is more than a week old, and this article is not a first report of the round.
British International Investment (BII), the UK’s development finance institution, joined the round as a new investor. Quona Capital and Algebra Ventures, which co-led enza’s seed round in 2025, each added to their positions, according to the release.
What enza does
enza describes itself as a provider of payments infrastructure to financial institutions. Algebra Ventures, one of its existing investors, says banks can use a single integration to offer locally relevant payment services, including cards, wallets and real-time payments, while keeping control of their merchant relationships and data.
The company says it now serves bank and fintech clients in 12 countries. Its release states that it was founded in 2023, is headquartered in Abu Dhabi, and has regional offices in Egypt, South Africa, Ghana and Nigeria.
What the money is for
enza says the new capital will fund its entry into new markets, particularly those where digitising payments is a national priority. It also plans to secure the licences needed to serve more banks and fintechs in those markets, and to keep expanding its product line.
The company’s Ghana business is one example of that licensing work. A company release carried by ZAWYA said in June 2026 that enza had been awarded a Payment Service Provider Enhanced licence by the Central Bank of Ghana.
Investors
Group CEO Hany Fekry said existing investors “have put more capital behind us to accelerate our growth.”
Daniel Marlo, managing partner at 4DX Ventures, said the firm led the round because enza “addresses a key gap in the ecosystem.” He said the founders had previously helped build one of the continent’s leading payment processors.
Chirantan Patnaik, head of disruptive ventures at BII, said the investment reflects the institution’s focus on inclusive finance and supporting SMEs.
What was not disclosed
The company release does not disclose a valuation, the size of enza’s 2025 seed round, or the cheques written by individual investors. The Meridian, a deal-tracking publication, describes the round as an equity round in ordinary shares and says it is separate from enza’s 2025 seed financing. The company release itself does not use the word “equity.”
Sources
- enza closes US$6 million Seed+ round as investors deepen their commitment to enza (company press release, 3 November 2026)
- Algebra backs enza again in $6 million Seed+ round (Algebra Ventures, 5 November 2026)
- enza Raises $6 Million Seed+ Round to Expand Payments Infrastructure Across Africa (TechArena, 13 November 2026)
- Enza raises USD 6 mln Seed+ round led by 4DX Ventures (The Paypers, 6 November 2026)
- enza Awarded Payment Service Provider (PSP) Enhanced Licence in Ghana (company release carried by ZAWYA, 11 June 2026)
