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Konnect Networks

“Can a Tunisian payment facilitator become the go-to white-label payment infrastructure layer for banks and PSPs across North Africa and MENA?”

Founded2021
HQLac Malären, Les Berges du Lac, Tunis, Tunisia
Total raised$1.5M
IndustryInfrastructure / Payments
The story

Founded in 2021 as a Central Bank of Tunisia-certified payment facilitator serving merchants directly, Konnect started with payment links, e-commerce plugins (WooCommerce, PrestaShop), and a payment API. The company subsequently developed a separate B2B infrastructure arm — Konnect Networks — to license its full payment stack (wallet core, agent banking, international corridors, KYC flows, reconciliation and sovereign AI) to banks, PSPs and Payment Institutions under white-label arrangements. This dual-track model positions Konnect as both a direct merchant PSP and an embedded payment infrastructure provider for financial institutions across the MENA/North Africa region.

Last 12 months
2024
Product timeline
2021
Founded as a payment facilitator certified by the Central Bank of Tunisia, targeting freelancers, SMEs and large companies.· banking
2022
Launched payment links, WooCommerce and PrestaShop e-commerce plugins, and a REST payment API supporting Tunisian and international cards.· banking
2023
Expanded into B2B platform (Konnect Networks) to white-label payment infrastructure for banks, PSPs and Payment Institutions.· banking
2024
Announced Konnect Networks sovereign payment infrastructure platform (new.konnect.network) offering wallet, agent banking, international transfers, reconciliation and sovereign AI for financial institutions.· banking
Regulated entities
1
regulatory licence held by Konnect Networks
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in Konnect Networks’s embedded-finance stack
Payments / PSP
Konnect Networks (self-operated)
Accounting gap: significant