{
  "id": 10767276,
  "title": "Enza enters Ghana payments market after securing Bank of Ghana enhanced licence",
  "url": "https://urgent.news/2026/09/29/enza-enters-ghana-payments-market-after-securing-bank-of-ghana",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T14:45:00.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/enza-enters-ghana-payments-market-after-securing-bank-of-ghana-enhanced-licence/"
  },
  "original_language": "en",
  "account": "Pan-African payments provider Enza has begun operations in Ghana after obtaining an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana. This licence empowers Enza Payment Services Ghana Limited to offer a wider array of regulated payment services, such as processing, merchant acquiring, aggregation, gateways, remittances, and specific card-related services. The company's entry into Ghana aims to assist banks, fintechs, and other financial entities in upgrading their payment infrastructure without needing to overhaul their current core banking systems. Enza's CEO, Hany Fekry, emphasized that Ghana is a key focus for the company's expansion, given the company's deep-rooted experience in the nation's payments sector. He described Ghana as \"home\" for Enza. The company's technology, described by Group Commercial Officer Omar Fawzy as more recent and cloud-ready, contrasts with traditional payment systems reliant on older hardware. Fawzy outlined the company's competitive edge lies in its architecture, which simplifies payment management and enhances inter-system connectivity. Security and fraud prevention are integral parts of Enza's services, designed to meet regulatory and industry standards amidst the growing digital transaction landscape. Managing Director Kwesi Asiamah Acquah of Enza Ghana and LSG highlighted the company's mission to bolster the payment infrastructure and deliver superior services to financial institutions, thus enhancing customer experiences. Enza already operates with GTBank and has agreements with other clients, with more deployments anticipated. The company, founded in 2023, has secured US$6.75 million in seed funding in March 2025, co-led by Algebra Ventures and Quona Capital, to fuel its growth and technological advancements. With its Ghanaian licence and operational framework now in place, Enza intends to continue investing in technology, talent, and other resources to solidify its position in Ghana's payments industry.",
  "summary": "Pan-African payments infrastructure provider Enza has launched operations in Ghana after securing a Payment Service Provider (PSP) Enhanced Licence from the Bank of Ghana. The licence enables Enza Payment Services Ghana Limited to provide a broader range of regulated payment services, including payment processing, merchant acquiring and aggregation, payment gateways, inward remittances and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}