Ex-Network International execs raise $6M for Enza, an African fintech serving banks - 'TechCrunch' News Summary (United States) | BEAMSTART
Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions.
However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups.
Similarly, despite the rise of fintechs across Africa, banks remain the central, regulated players behind most payment aggregators.
Tage Kene-Okafor
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