Tunisian Fintech Konnect Secures New Funding from Attijariwafa, Visa, Plug and Play & More
Tunisian fintech startup Konnect, founded in 2021, has successfully closed a new investment round with backing from a diverse group of investors including Attijariwafa Ventures, Visa, and Plug and Play Tech Center. While the funding amount remains undisclosed, the investment will support Konnect's mission to simplify digital payments for businesses and individuals.
Broad Investor Coalition Backs Konnect
The new, undisclosed investment round saw participation from a wide range of investment firms, signaling strong interest in Konnect's potential. The participating investors include:
Attijariwafa Ventures
Utopia Capital Management
54 Collective
Visa
Plug and Play Tech Center
Renew Capital
Digital Africa Ventures
Sunny Side Venture Partners
Konnect's Payment Solutions
Konnect operates in the financial technology sector, aiming to improve payments for both businesses and individuals. The company provides secure, easy-to-use, and scalable payment solutions designed for both online and in-store environments.
Building on Previous Investment
This latest funding follows a previous undisclosed investment secured by Konnect in December 2024 from Renew Capital, who also participated in this current round. Global payment giant Visa has also previously invested in Konnect, highlighting ongoing support.
About Konnect
Founded in 2021 by Amine Ben Abderrahmen, Konnect is a fintech startup based in Tunisia. The company is focused on innovating within the digital payments space to serve both corporate and individual users.
Looking Ahead
With the backing of this strong consortium of local, regional, and international investors, Konnect is well-positioned to further develop its payment solutions and potentially expand its market presence. This investment underscores the growing momentum within Tunisia's fintech ecosystem.
Source: Jawlah