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Enza Receives Ghana PSP License, Expanding Digital Payments Reach in West Africa

New License Positions Enza for Growth in Ghana’s Dynamic Market

Payment technology company Enza has secured an Enhanced Payment Service Provider (PSP) license from the Central Bank of Ghana. This marks a significant milestone for the Abu Dhabi-based firm as it expands its presence across Africa, particularly in one of the continent’s most innovative digital finance hubs.

The license allows Enza to provide regulated payment infrastructure directly to banks, financial institutions, and fintech companies operating in Ghana. The company anticipates launching its services with initial customers over the summer months.

Why This Matters for Ghana’s Financial Sector

Ghana’s digital payments landscape has seen explosive growth in recent years, driven by widespread mobile money adoption and supportive regulatory frameworks. The country consistently ranks among Africa’s leaders in transaction volume, making it an attractive market for payment technology providers.

Enza’s PSP Enhanced license—one of the most comprehensive categories under Ghana’s payments framework—will enable a broader range of payment activities than standard licenses allow. This demonstrates that regulators recognize Enza’s commitment to meeting rigorous financial standards.

What Enza Brings to the Table

Enza specializes in providing modern, scalable payment infrastructure tailored for African markets. The company’s solutions help banks and fintechs:

  • Process transactions at scale
  • Compete more effectively in rapidly evolving digital payments ecosystems
  • Adapt to unique local regulatory environments

“Ghana has long been a leader in digital finance innovation,” said Hany Fekry, Group CEO of Enza. “With this license, we’re ready to partner with Ghanaian institutions to deliver world-class payment technology that meets the specific needs of this market.”

Enza joins other leading fintechs seeking to capitalize on Ghana’s digital payments momentum—a trend supported by forward-thinking regulatory policies that encourage both innovation and consumer protection.

Written with the assistance of AI. Reviewed and edited by the AfricanCEO editorial team.

Source: technext24.com

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