February 21, 2025

FINTECH MAGAZINE AFRICA

Fintech eyes in africa

dLocal and AZA Finance Forge Strategic Partnership to Enhance Cross-Border Payments in Africa

dLocal, a leading cross-border payment platform, has joined forces with AZA Finance, a prominent fintech company specializing in payments and foreign exchange in Africa. This strategic partnership aims to expand both companies’ service offerings through mutual cross-selling, leveraging dLocal’s robust global payment infrastructure and AZA Finance’s extensive network of regional licenses and foreign exchange expertise.

By integrating their strengths, customers of both firms will benefit from improved payment processing, broader market reach, and enhanced financial services. This collaboration is expected to significantly streamline international transactions, providing businesses and consumers in key African markets—including Nigeria, Kenya, South Africa, Ghana, Egypt, Cameroon, and Zambia—with seamless foreign exchange conversion and faster, more reliable cross-border payments.

A Game-Changer for African Financial Inclusion

AZA Finance has rapidly established itself as a leader in African remittances, offering efficient and secure money transfer services to a wide range of clients, including multinational corporations and top remittance providers. Meanwhile, dLocal’s “One dLocal” platform simplifies global payments by providing a single API, contract, and global settlement solution—connecting merchants worldwide with billions of consumers in emerging markets.

Agustin Cerisola, General Manager for Africa, Asia & Remittances at dLocal, emphasized the significance of this collaboration, stating:

“We are excited about combining our expertise to deliver exceptional payment solutions in Africa. We hope this is the first step in an even broader partnership that will consolidate both companies’ leadership positions and create a regional powerhouse in the African cross-border payments space.”

Regulatory Compliance and Market Confidence

Both dLocal and AZA Finance are regulated by the Financial Conduct Authority (FCA), ensuring they meet stringent compliance and operational integrity standards. This regulatory backing reinforces the credibility of the partnership, providing businesses and consumers with confidence in the security and reliability of their financial transactions.

Driving the Future of Digital Payments in Africa

This alliance reflects the growing demand for digital financial services in Africa and aligns with the continent’s broader vision of financial inclusion and global economic integration. As Africa’s markets continue to evolve, innovative collaborations like this will be key to unlocking new opportunities for trade and investment.

With their combined expertise and market reach, dLocal and AZA Finance are poised to revolutionize cross-border payments in Africa, making transactions more efficient, cost-effective, and accessible. This partnership signals a new era where collaboration, innovation, and financial empowerment define the future of financial services on the continent.

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