West African Super App Gozem Acquires Benin’s Moneex To Boost Expansion

West African super app Gozem has acquired Benin-based fintech company Moneex to expand its financial services capabilities across its various markets. The transaction will combines the strength of Gozem’s super app network with the breadth of Moneex’s fintech capabilities.

Gozem operates in 13 cities across Togo, Benin, Gabon and Cameroon, with more than one million users registered and over 20 million trips taken since its launch. The startup has been pivoting towards a super app model, and now provides a suite of mobility, e-commerce, and financial services to consumers, drivers and retailers. Gozem will broaden its fintech offerings in Togo and Benin to start, to add in Q1 2024 the new “Gozem Money” capabilities for a wide range of payments solutions and value-added user experience.