Konnect, a groundbreaking startup revolutionizing digital payment solutions in North Africa, has secured vital funding from Renew Capital to accelerate its growth. Established in 2021 and licensed by the Central Bank of Tunisia, Konnect specializes in offering seamless payment links, e-commerce plugins, and a powerful API tailored for businesses of all sizes.

This new funding, the first investment by Africa-focused Renew Capital in Tunisia, will enable Konnect to scale its operations significantly. The startup, in collaboration with major partners like Visa, is at the forefront of the region’s transition to digital payments, enhancing financial accessibility for a broader audience.

Amin Ben Abderrahman, founder of Konnect, emphasized the mission of the platform: “We’ve built Konnect to make digital payments more accessible, secure, and user-friendly. Our platform supports both individuals and businesses, allowing them to manage payments with ease.”

Renew Capital’s investment ecosystem development manager, Karim Ben Fadhel, praised Konnect’s impact on the digital payments landscape, stating, “Their platform not only simplifies financial transactions but also opens doors for greater financial inclusion.”

As Konnect continues to innovate and expand across North Africa, it highlights the growing importance of consulting and training firms like Knowdys, which monitor this dynamic sector. Organizations seeking to navigate the complexities of economic intelligence and business development can greatly benefit from Knowdys’ expertise in fostering industry growth and ensuring informed decision-making.

The Editor