{"id":8792,"date":"2025-06-19T11:55:31","date_gmt":"2025-06-19T07:55:31","guid":{"rendered":"https:\/\/www.middleeastdirectory.com\/blog\/?p=8792"},"modified":"2025-06-19T11:55:32","modified_gmt":"2025-06-19T07:55:32","slug":"mastercard-and-enza-collaborate-to-enable-fintech-innovation-across-africa","status":"publish","type":"post","link":"https:\/\/www.middleeastdirectory.com\/blog\/mastercard-and-enza-collaborate-to-enable-fintech-innovation-across-africa\/","title":{"rendered":"Mastercard And Enza Collaborate To Enable Fintech Innovation Across Africa"},"content":{"rendered":"\n

Mastercard and enza \u2013 a payment solutions company \u2013have collaborated to connect fintech companies across Africa to the Mastercard network.This collaboration will enable fintech players to build propositions on the enza platform thatserve both consumers and businesses with embedded Mastercard payment solutions capabilities. <\/p>\n\n\n\n

According to a report<\/a> by the European Investment Bank, the number of fintech companies in Africa has nearly tripled since 2020. Many of these innovators focus on embedding payment services into broader solutions that tackle financial access, offering alternatives to legacy systems that often have a high cost to serve.<\/p>\n\n\n\n

Fintech companies in Africa will now be able to easilyaccess the full suite of Mastercard services. The collaboration aims to reduce complexity and speed up time to market for emerging players building digital financial solutions across the continent.<\/p>\n\n\n\n

\u201cAt Mastercard, we are focused on powering the fintech ecosystem by enabling access to our trusted global network. Through our work with enza, fintech innovators in Africa will be able to deploy embedded payment capabilities more efficiently \u2013 helping accelerate financial inclusion and the region\u2019s digital transformation,\u201d said Mete Guney, executive vice president, Market Development, EEMEA, Mastercard.<\/strong><\/p>\n\n\n\n

As part of the agreement, enza will host consumer and merchant accounts, manage integration with Mastercard\u2019s network, and ensure high levels of security and system availability. Fintech companies can configure pre-paid or post-paid accounts, and issue physical or virtual Mastercard cards. For businesses, enza will enable acceptance of Mastercard payments across in-store, online and in-app channels.<\/p>\n\n\n\n

\u201cenza is on a mission to make digital payments more accessible and affordable across Africa, helping to build a more financially inclusive continent that is ready and able to compete globally.<\/p>\n\n\n\n

Our collaboration with Mastercard leverages our existing relationship to more effectively serve the fintech community. Together, we will provide innovators with a platform capability that means they do not need to build this aspect of their proposition and can get to market with greater speed and security,\u201dsaid<\/strong>Andrew Key, Executive Director, enza.<\/strong><\/p>\n\n\n\n

Founded in 2023, enza is headquartered in Abu Dhabi, with regional offices in Egypt, South Africa and Nigeria. The company\u2019s innovative payment infrastructure delivers the flexibility and agility needed to increase competitiveness, capitalize on new markets and develop new revenue streams through better serving consumer and business customers across Africa.<\/p>\n\n\n\n

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Mastercard and enza \u2013 a payment solutions company \u2013have collaborated to connect fintech companies across Africa to the Mastercard network.This collaboration will enable fintech players to build propositions on the enza platform thatserve both consumers and businesses with embedded Mastercard payment solutions capabilities.  According to a report by the European Investment Bank, the number of fintech […]<\/p>\n","protected":false},"author":1,"featured_media":8793,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-8792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/8792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/comments?post=8792"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/8792\/revisions"}],"predecessor-version":[{"id":8794,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/8792\/revisions\/8794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/media\/8793"}],"wp:attachment":[{"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/media?parent=8792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/categories?post=8792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/tags?post=8792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}