dLocal and AZA Finance Forge Strategic Partnership to Expand Footprint in Africa

  • Payments
  • 13.02.2025 03:15 pm

dLocal,  a leading cross-border payment platform, and AZA Finance,  a prominent fintech company specializing in payments and foreign exchange in Africa, have entered into a strategic partnership that expands the service offering capabilities of both partners through mutual cross selling . By combining dLocal's robust cross-border payment infrastructure with AZA Finance's foreign exchange capabilities and network of regional licences, customers of both companies will benefit from improved payment processing, increased reach, and enhanced financial services.

AZA Finance has established itself as a leader in remittances, providing efficient and reliable services for sending money into Africa. This collaboration enhances dLocal's ability to support merchants  in managing foreign exchange conversion, deepens the number of payout corridors dLocal can serve, and broadens the company's portfolio of cross border payment solutions effectively. Additionally, it expands the company's reach across the continent, particularly in countries such as Nigeria, Kenya, South Africa, Ghana, Egypt, Cameroon, and Zambia.

Furthermore,  dLocal and AZA Finance are regulated by the Financial Conduct Authority (FCA), ensuring that they adhere to the highest standards of compliance and operational integrity. Both companies share a commitment to driving financial inclusion and unlocking the power of emerging markets: "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 position and create a regional powerhouse in the African cross border payments space.”

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