Tunisia-based fintech company Konnect Networks has secured investment from Attijariwafa Ventures as part of a wider fundraising round that included participation from Utopia Capital Management, 54 Collective, Visa, Plug and Play Tech Center, Renew Capital, Digital Africa Ventures, and Sunny Side Venture Partners.
Konnect Networks is emerging as Tunisia’s leading payment orchestration platform, offering secure, scalable, and user-friendly payment solutions tailored to both businesses and individuals. Its offerings cover online and point-of-sale payments, including payment aggregation and real-time transaction capabilities, positioning it at the forefront of digital financial services in the country.
The company has achieved several key milestones recently, including being granted the first Payment Facilitator license by the Central Bank of Tunisia. It has recorded over 20% month-over-month growth and reached a 4% share of Tunisia’s e-commerce market in just three years.
Led by CEO Amin Ben Abderrahman, Konnect aims to drive financial inclusion and digital transformation across Tunisia and the broader region. The latest investment round will further support the company’s expansion and continued innovation in the fintech space.