Enza extends seed to $12.75M with $6M top-up led by 4DX Ventures

DUBAI — Enza, the Abu Dhabi-headquartered payments infrastructure company, has raised a $6 million seed extension led by 4DX Ventures, with British International Investment joining and Quona Capital and Algebra Ventures following on, Fwdstart reports.

Founded in 2022 by Hany Fekry and Hamish Houston, both alumni of Network International's processing and Africa businesses, Enza sells issuing, wallet and acceptance rails to banks across 12 African markets. It picked up an Enhanced PSP licence in Ghana in September and says contracted volumes are growing 35 to 40 percent month on month. The extension takes total seed funding to roughly $12.75 million, after a $6.75 million first close in March 2025.

The pedigree is the story: this team's earlier shop, Emerging Markets Payments, ran the same playbook and sold to Network International for $350 million in 2016.

The read: African banks ceded payments to fintechs for a decade, and Enza's bet is selling the rails back to the banks themselves. A seed extension rather than a Series A says the metrics are compounding but not yet priced. Watch whether the Ghana licence converts into live processing volume.