Electronic payments market in Africa is expected to grow by around 150% between 2020 and 2025.
Enza, a new payments company aiming to cater to the growing needs of banks, fintechs and multinational organizations, has launched in Africa.
Enza aims to provide native digital payment capabilities to institutions that want to enable their customers to accept or make electronic digital payments, a space Enza claims was previously dominated by banks, but is now increasingly served by multinationals, fintechs and government entities.
Enza is due to open a new office in Cairo, Egypt, this month, adding that it has attracted a board with considerable experience in banking, payments, and the African continent.