On Wednesday, February 12, 2025, dLocal, a leading cross-border payment platform, and AZA Finance, a fintech company specialising in payments and foreign exchange in Africa, have formed a strategic partnership to expand their service capabilities through mutual cross-selling.
The collaboration combines dLocal’s payment infrastructure with AZA Finance’s foreign exchange capabilities and regional licenses, benefiting customers through improved payment processing, increased reach, and enhanced financial services.
Read also: Traddify introduces payment solutions to simplify cross-border transactions
dLocal and AZA streamline cross-border payments
The partnership enhances dLocal’s ability to support merchants in managing foreign exchange conversion and broadens its portfolio of cross-border payment solutions. AZA Finance has established itself as a remittance leader, providing efficient and reliable services for sending money into Africa.
The collaboration will deepen the number of payout corridors dLocal can serve and expand the company’s reach across the continent, specifically in Nigeria, Kenya, South Africa, Ghana, Egypt, Cameroon, and Zambia.
Read also: Cassava Technologies secures $310m funding to improve digital services across Africa
dLocal and AZA bolsters Financial Inclusion in Africa
dLocal and AZA Finance are regulated by the Financial Conduct Authority (FCA), ensuring adherence to compliance and operational integrity. Both companies are committed to driving financial inclusion and unlocking the power of emerging markets.
According to Agustin Cerisola, General Manager Africa, Asia & Remittances at dLocal, “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 would consolidate both companies’ leadership position and create a regional powerhouse in the African cross border payments space”.