Renew Capital announces first investment in Tunisia
Renew Capital has made an investment in Konnect, a secure and scalable payment gateway.
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Renew Capital has made its inaugural investment in Tunisia by backing Konnect, a secure and scalable payment gateway that promotes financial inclusion and innovation.
Konnect is a payment gateway pioneering digital payment solutions in North Africa, authorised by the Central Bank of Tunisia. The platform offers seamless payment links, e-commerce plugins and an API designed to cater to businesses of all sizes.
By offering services tailored for the unbanked, Konnect is addressing key barriers to financial access while helping businesses optimise their payment systems. Through key partnerships, including a strategic collaboration with Visa, Konnect is driving the region’s shift toward digital payments, making secure and efficient financial services accessible to more people.
“We’ve built Konnect to make digital payments more accessible, secure and user-friendly,” said Amin Ben Abderrahman, founder of Konnect. “Our platform supports both individuals and businesses, allowing them to manage their payments with ease. We’re excited to continue expanding across North Africa and providing innovative financial services that cater to the needs of underserved communities.”
“Konnect is setting a new standard for digital payments in the region,” said Karim Ben Fadhel, investment ecosystem development manager at Renew Capital. “Their platform not only simplifies financial transactions but also opens doors for greater financial inclusion. We’re proud to support Amin and his team as they lead the way in expanding access to secure and scalable payment solutions.”
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