Tunisian startup Konnect, a payment gateway pioneering digital payment solutions in North Africa, has secured funding from Renew Capital to help it scale.
Founded in 2021 and licensed by the Central Bank of Tunisia, Konnect offers seamless payment links, e-commerce plugins and a robust API designed to cater to businesses of all sizes.
Its services are tailored to enhance the online payment experience, ensuring quick, secure and efficient transactions that support business growth and simplify e-commerce interactions.
The startup has secured an undisclosed amount of funding from Africa-focused impact investment firm Renew Capital, which makes its inaugural investment in Tunisia. The funds will be used to help Konnect scale operations. 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.”
Karim Ben Fadhel, investment ecosystem development manager at Renew Capital, said Konnect was setting a new standard for digital payments in the region.
“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,” he said.
