Konnect Networks
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Konnect Networks - overview
Established
2021
Location
Tunis, -, Tunisia
Primary Industry
Software
About
Founded in 2021 and based in Tunis, Tunisia, Konnect Networks operates as a financial platform that provides clients in North Africa a digital payment solution. The company was founded by its CEO, Amin Ben Abderrahman. In May 2025, Konnect Networks raised an undisclosed amount of venture funding from Attijari Invest, Utopia Capital, Visa, Plug and Play Ventures, Digital Africa Ventures, Sunny Side Venture Partners, 54 Collective, Renew Capital, and other unspecified investors. The company provides a platform that supports multiple payment options to cater to various business models, from freelancers and small enterprises to large corporations.
Konnect’s services are designed to simplify the payment process, ensuring transactions are completed with PCI DSS-compliant security. Businesses can use Konnect’s wide range of tools, including payment links, real-time income tracking, and payment notifications. The firm’s platform also offers customizable solutions for e-commerce sites, enabling integration through APIs, plugins, and quick setup options. The company’s key features include instant payment links, personalized user experiences, and multi-channel support for both in-store and online payments.
The company generates revenue through a pricing model for its online payment solutions, catering to both local and international transactions. The platform charges a commission of 1. 6% on Tunisian cards (Visa, MasterCard, and e-Dinar) and 3. 3% for international cards.
Additionally, Konnect charges a 2 TND fee for bank account transfers. The organization plans to use the December 2024 funding to expand its market reach across North Africa.
Current Investors
54 Collective, Renew Capital, Visa
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software, Application Integration Software
Website
www.konnect.network/
Verticals
Cloud Computing, FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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