dLocal, a cross-border payment platform, has announced its plans to acquire AZA Finance, a fintech company specializing in cross-border payments and foreign exchange solutions across Africa. The deal, which is subject to regulatory approval and closing conditions, aims to expand dLocal’s presence and service capabilities in the region. Founded in 2013, AZA Finance has processed over 15 million transactions totaling more than $9 billion and operates across key African and G20 markets. The acquisition is expected to strengthen dLocal’s scale in Africa, particularly in the remittance sector, and improve the company’s treasury functions, foreign exchange capabilities, stablecoin coverage, and payout efficiency.

Carlos Menendez, Chief Operating Officer at dLocal, stated that the acquisition would "increase access for our global merchants to Africa’s dynamic, growing markets." Elizabeth Rossiello, Founder of AZA Finance, added, “We are looking forward to integrating our technology and our deep bench of experts with dLocal’s massive global platform.” The announcement follows dLocal’s acquisition of PrimeiroPay in 2022 and a series of strategic milestones in 2025, including a license from the UK’s Financial Conduct Authority and partnerships with PayPal, Temu, and Airtel. The integration of AZA Finance’s experienced team is expected to support dLocal’s broader goal of enhancing cross-border payments in emerging markets.

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