dLocal and AZA Finance have announced a partnership aimed at expanding cross - border payment and foreign exchange (FX) services.
This collaboration will enable both parties to leverage their respective strengths. Specifically, dLocal will integrate AZA Finance's foreign exchange network and regulatory licenses into its own infrastructure. This move is expected to enhance payment processing capabilities and provide both companies' customers with broader market access.
Expansion of Payment and Foreign Exchange Capabilities
???? AZA Finance is a financial services company specializing in cross - border remittances and foreign exchange transactions in Africa. Through this partnership, it will utilize its regional expertise to assist dLocal's merchants in providing more efficient foreign exchange services.
???? The cooperation will also expand dLocal's payment channels and enhance its cross - border payment solutions in several African markets, including Nigeria, Kenya, South Africa, Ghana, Egypt, Cameroon, and Zambia.
???? Regulatory Compliance:
✅ Both companies are regulated by the UK Financial Conduct Authority (FCA), ensuring compliance with industry standards.
✅ A representative from dLocal stated that the partnership aims to strengthen payment services in Africa and has the potential to serve as the foundation for future deepening cross - border payment collaborations.
✅ Both companies are regulated by the UK Financial Conduct Authority (FCA), ensuring compliance with industry standards.
✅ A representative from dLocal stated that the partnership aims to strengthen payment services in Africa and has the potential to serve as the foundation for future deepening cross - border payment collaborations.
Company Background Introduction
AZA Finance
???? Establishment Time: 2013
???? Headquarters: Nairobi, Kenya
???? Main Business:
✅ Cross - border remittances and foreign exchange transactions
✅ Serves remittance providers, multinational corporations, and enterprises seeking secure and efficient currency exchange
???? Service Markets: Covers Africa and G20 countries
???? Headquarters: Nairobi, Kenya
???? Main Business:
✅ Cross - border remittances and foreign exchange transactions
✅ Serves remittance providers, multinational corporations, and enterprises seeking secure and efficient currency exchange
???? Service Markets: Covers Africa and G20 countries
dLocal
???? Main Business:
✅ Facilitates local payments in emerging markets, connecting global merchants with consumers in various regions
???? Business Coverage:
✅ Africa, Latin America, Asia - Pacific, and the Middle East
???? Platform Advantage:
✅ Through a single integration, businesses can easily manage payments and settlements without the need for multiple local partners.
✅ Facilitates local payments in emerging markets, connecting global merchants with consumers in various regions
???? Business Coverage:
✅ Africa, Latin America, Asia - Pacific, and the Middle East
???? Platform Advantage:
✅ Through a single integration, businesses can easily manage payments and settlements without the need for multiple local partners.
