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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Remittances»dLocal and AZA Finance Unite to Enhance Cross-Border Payments in Africa
    AZA Finance dLocal

    dLocal and AZA Finance Unite to Enhance Cross-Border Payments in Africa

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    By Staff Writer on February 17, 2025 Remittances

    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 designed to expand both companies’ service offerings through mutual cross-selling. By integrating dLocal’s robust cross-border payment infrastructure with AZA Finance’s specialized foreign exchange capabilities and extensive network of regional licenses, customers of both firms are set to experience improved payment processing, broader reach, and enhanced financial services.

    This collaboration marks a significant milestone for both companies as they work to streamline international transactions and foster financial inclusion across the continent. With this partnership, merchants and consumers in key African markets will benefit from seamless foreign exchange conversion and faster, more reliable cross-border payment solutions. The joint effort is expected to enhance service delivery particularly in countries like Nigeria, Kenya, South Africa, Ghana, Egypt, Cameroon, and Zambia.

    AZA Finance has rapidly become a leader in remittances, providing efficient and reliable services for sending money into Africa. Its secure API and web platform have attracted a diverse range of clients, including leading remittance providers and multinational corporations. Meanwhile, dLocal has been instrumental in powering local payments in emerging markets by connecting global merchants with billions of consumers. Through its “One dLocal” platform—a unified solution that offers one direct API, a single contract, and global settlement—dLocal simplifies the complex process of international transactions.

    Agustin Cerisola, General Manager for Africa, Asia & Remittances at dLocal, stated, “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.”

    Both companies are regulated by the Financial Conduct Authority (FCA), ensuring they meet high standards of compliance and operational integrity. This regulatory backing reinforces the credibility of the partnership, providing reassurance to businesses and consumers alike.

    The strategic alliance aligns with the growing trend toward digital financial services in Africa and supports the broader vision of increased financial inclusion on the continent. As African markets continue to evolve and integrate into the global economy, innovations like this joint venture are essential to unlocking new opportunities for trade and investment.

    With their combined expertise and market reach, dLocal and AZA Finance are well-positioned to drive significant improvements in cross-border payments, making transactions more efficient and cost-effective. This partnership is a clear signal that the future of financial services in Africa will be defined by collaboration, innovation, and a commitment to meeting the evolving needs of a dynamic market.

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