However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups. The latest development is Enza, a fintech founded in 2022 by Hany Fekry, a former managing director at Network, along with another ex-Network executive Hamish Houston. Before launching Enza, the founders managed global acceptance, processing, and consumer finance departments at Network International. While Network was building a robust payments network across the Middle East and Africa, focusing primarily on the acceptance side of things, they felt a massive gap in creating comprehensive solutions for banks and fintechs, especially in Africa. The founders of Enza say they've built the company using lessons from their time at Network International and its subsidiary, DPO Group. But unlike those firms, which focused largely on card acceptance and merchant acquiring, Enza is taking a broader approach, serving both sides of the transaction. Enza's platform is designed...
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