enza Secures Enhanced Payments Licence in Ghana, Expands Into Digital Finance Market
Digital payments technology company enza has secured a Payment Service Provider (PSP) Enhanced licence from the Bank of Ghana, positioning the firm to deepen its presence in one of Africa’s fastest-growing digital finance markets.
The licence, granted by the Central Bank, enables enza to provide regulated payment services and infrastructure solutions to banks, financial institutions and fintech companies operating in Ghana.
The development marks a significant milestone for the company as it seeks to expand its footprint across Africa’s rapidly evolving digital payments landscape, while supporting efforts to increase financial inclusion and modernise payment systems.
Ghana has emerged as one of the continent’s leading digital finance markets, driven by strong growth in mobile money, fintech innovation and increasing adoption of electronic payment solutions. The country’s regulatory framework has also been widely recognised for promoting innovation while maintaining oversight of payment service providers.
According to the Bank of Ghana, its licensing and supervisory framework is designed to ensure the safety, security and reliability of financial transactions, while encouraging competition, innovation and broader access to digital financial services.
Commenting on the approval, Group Chief Executive Officer of enza, Hany Fekry, described the licence as a major step in the company’s African growth strategy.
“We are delighted and deeply proud that enza has been awarded a PSP Enhanced licence in Ghana. This is a significant moment for our business and an important step in our mission to liberate the world of payments across Africa,” he said.
He noted that Ghana’s strong regulatory environment and commitment to digital finance make it an attractive market for payment technology providers.
“With this licence, enza is well positioned to work with banks, financial institutions and fintechs to deliver world-class payments technology that is adapted to Ghana’s local market conditions, supports growth and enables its partners to serve consumer and business customers more effectively,” he added.
The company said its platform combines global payment technology capabilities with expertise in African payment systems, allowing financial institutions to develop products tailored to local market needs while maintaining scalability and efficiency.
Industry analysts say the continued entry of payment technology firms into Ghana reflects growing confidence in the country’s digital economy and the increasing demand for secure, interoperable and customer-focused payment solutions.
The licence also comes at a time when governments and financial institutions across Africa are accelerating efforts to reduce reliance on cash transactions and expand access to formal financial services through digital channels.
enza indicated that it plans to roll out its payment capabilities in Ghana over the coming months, with its first customers expected to begin using the platform during the summer period.
The move is expected to strengthen competition in Ghana’s payments ecosystem while providing banks, fintechs and other financial institutions with additional technology options to support innovation, customer acquisition and digital transformation.
