PARTNERSHIP | dLocal and AZA Finance (Formerly BitPesa) Forge Strategic Partnership to Expand Footprint in Africa

dLocal, a leading cross-border payment platform, and AZA Finance, a prominent fintech company specializing in payments, foreign exchange, and cryptocurrency solutions in Africa, have entered into a strategic partnership to enhance their service offerings through mutual cross-selling.

By combining dLocal’s robust cross-border payment infrastructure with AZA Finance’s expertise in foreign exchange, crypto transactions, and regional regulatory licenses, customers of both companies will benefit from improved payment processing, expanded reach, and innovative financial services.

Key Takeaways

• Expanded Cross-Border Payments – The partnership enhances dLocal and AZA Finance’s capabilities in managing foreign exchange conversions and payout corridors across key African markets
• Crypto Integration – AZA Finance’s involvement in cryptocurrency adds seamless crypto-to-fiat conversion options, broadening digital payment solutions in Africa
• Regulatory Compliance – Both companies are regulated by the FCA, ensuring high standards of compliance and operational integrity
• Financial Inclusion & Innovation – The collaboration drives financial inclusion by combining traditional and digital payment methods, fostering growth in Africa’s fintech ecosystem

AZA Finance has built a strong reputation in remittances, offering efficient and reliable money transfer solutions into Africa. The partnership not only strengthens dLocal’s capabilities in managing foreign exchange conversions and payout corridors but also positions both companies at the forefront of digital asset payments.

AZA Finance’s foray into cryptocurrency has enabled seamless crypto-to-fiat conversions, providing businesses and individuals with more flexibility in cross-border transactions. This aligns with the growing demand for blockchain-powered financial solutions across the continent.

Through this collaboration, dLocal and AZA Finance will extend their footprint in key African markets, including:

• Nigeria
• Kenya
• South Africa
• Ghana
• Egypt
• Cameroon, and
• Zambia

The partnership also enhances financial inclusion by leveraging both traditional and digital payment methods to cater to diverse customer needs.

Both dLocal and AZA Finance are regulated by the Financial Conduct Authority (FCA), ensuring strict adherence to compliance and operational integrity.

“We are excited about combining our expertise to deliver exceptional payment solutions in Africa,” said Agustin Cerisola, General Manager Africa, Asia & Remittances at dLocal.

“We hope this is the first step in an even broader partnership that would consolidate both companies’ leadership positions and create a regional powerhouse in the African cross-border payments and digital asset space.”

As digital payments and crypto adoption continue to rise, this collaboration marks a significant step toward transforming Africa’s financial landscape, offering businesses and consumers more efficient, secure, and innovative ways to transact across borders.

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