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Techbytes: Tunisian fintech Konnect secures funding from Renew Capital to drive expansion (Africa NewsWatch)

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Tunisian fintech startup, Konnect, has announced securing funding from Renew Capital to help it with its ambitious expansion drive.

Konnect which is a payment gateway pioneering digital payment solutions in North Africa, secured the undisclosed amount of funding from the Africa-focused impact investment firm which is making its inaugural investment in Tunisia.

“We’ve built Konnect to make digital payments more accessible, secure and user-friendly,” according to Amin Ben Abderrahman, the Chief Executive Officer of Konnect, reports African News Watch.

He stated that through key partnerships, including a strategic collaboration with Visa, Konnect was driving the region’s shift toward digital payments, making secure and efficient financial services accessible to more people.

Read More: Techbytes: Ghanaian agric startup SAYeTECH wins MEST Africa Challenge, pockets $50k prize money (Africa News Watch

The fintech which was founded in 2021 and licensed by the Central Bank of Tunisia, offers seamless payment links, e-commerce plugins and a robust API designed to cater to businesses of all sizes.

Its services were tailored to enhance the online payment experience, ensuring quick, secure and efficient transactions that support business growth and simplify e-commerce interactions.

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