dLocal announces intention to acquire AZA Finance to strengthen presence in Africa and expand capabilities

We’re pleased to announce that, pending regulatory approvals, we have agreed to be acquired by leading cross-border payments platform dLocal. 

When we started AZA Finance, formerly BitPesa, back in 2013, fintech and crypto were just beginning to take shape in Africa. We made it our mission to ease cross-border payments on the continent through the power of technology. 11 years later, we have built Africa’s largest and most efficient trading desk for both fiat and stablecoin foreign exchange – providing liquidity in African and G20 currencies to fintechs, businesses, banks, telcos, and NGOs across the globe.

We have grown and expanded alongside our customers and partners. Our greatest strength has always been our deep understanding of our home markets on the continent. Our award-winning team has made it their mission to bring emerging markets the wholesale, B2B solution they needed to grow their businesses. Coupled with our dedication to compliance – entering markets with licences, banks and other partners – we have built products and services that help businesses and their end-users access best-in-class cross-border payments. 

This focus will remain as we become part of the dLocal family. Pending regulatory approval, we look forward to integrating our technology and our deep bench of senior-level experts with dLocal’s massive global platform to connect even more markets with these services.

What this means for you

At this stage, there are no changes to your operations as dLocal and AZA remain separate entities until the deal is formally closed. If you are one of the thousands of African or multinational businesses using AZA Finance for payments, treasury, collections, or currency exchange – nothing will change in your customer experience. By combining dLocal and AZA Finance, we will provide even more innovative, efficient, and tailored payment solutions. These solutions will help businesses and individuals prosper in Africa.

If you have any questions please reach out to [email protected].

Thank you to all our customers, partners and supporters. We look forward to writing this new chapter together. 

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.

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

The acquisition of AZA Finance will be completed pending regulatory approval.

https://www.dlocal.com/press-releases/dlocal-announces-intention-to-acquire-aza-finance/

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