dLocal will acquire AZA Finance, a cross-border payments and foreign exchange startup focused on Africa, in a move to grow its presence and transaction volumes across the continent. The deal is subject to regulatory approval.
AZA Finance, founded in 2013 in Nairobi, has processed over $9 billion across 15 million transactions. It operates across major African markets and currencies, including stablecoins.
The acquisition will boost dLocal’s scale in remittances, improve FX and treasury operations, and extend its payout capabilities. AZA’s team will join dLocal to strengthen local expertise.
dLocal COO Carlos Menendez said the acquisition deepens access to Africa for global merchants. AZA founder Elizabeth Rossiello added that her team brings Africa’s largest B2B FX trading desk to dLocal’s global platform.
This follows dLocal’s 2022 acquisition of PrimeiroPay and recent partnerships with PayPal, Airtel, and others. It also comes after dLocal secured a UK payments licence in 2025.
dLocal enables global merchants to handle payments in emerging markets via a single API.
AZA Finance offers payment and FX services across African and G20 currencies.
