dLocal and AZA Finance forge strategic partnership to expand footprint in Africa
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By combining their expertise, the collaboration expands payment processing capabilities, strengthens payout corridors, and increases financial inclusion across key markets such as Nigeria, Kenya, South Africa, and Egypt.
Montevideo, February 12, 2025 - 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. 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.”
About dLocal
dLocal powers local payments in emerging markets connecting global enterprise merchants with billions of emerging market consumers across APAC, the Middle East, Latin America, and Africa. Through the “One dLocal” concept (one direct API, one platform, and one contract), global companies can accept payments, send pay-outs and settle funds globally without the need to manage separate pay-in and pay-out processors, set up numerous local entities, and integrate multiple acquirers and payment methods in each market. For more information, visit https://www.dlocal.com
About AZA Finance
AZA Finance is a global payments and FX fintech. Founded in Nairobi in 2013, AZA makes it easier for companies around the world to exchange currencies, make payments, and settle easily in all major African and G20 currencies. Its secure and efficient API and web platform is a trusted gateway for leading remittance providers, multinational corporations, and innovative enterprises worldwide. Its mission is to power African trade and accelerate the growth of businesses across the continent. Visit azafinance.com for more information.
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