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Ex-Network International execs raise $6M for Enza, an African fintech serving banks | TechCrunch

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Enza is building infrastructure for banks and fintechs in Africa .

The startup is targeting Egypt , Nigeria , and South Africa , three of the continent’s largest financial markets.

The founders say they’ve built the company using lessons from their time at Network International and its subsidiary, DPO Group .

Algebra Ventures and Quona Capital led the $6 million seed round.

The new capital will go toward expanding the team and rolling out new products for its banking clientele across Africa .

“We founded Enza to solve real infrastructure problems across Africa ,” founder Fekry said.