About AZA Finance
AZA Finance provides cross-border payment solutions for businesses. It helps to reduce the cost and increase the speed of transactions through its infrastructure. It was formerly known as BitPesa. The company was founded in 2013 and is based in Grand Duchy of Luxembourg, Luxembourg.
Research containing AZA Finance
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned AZA Finance in 1 CB Insights research brief, most recently on Oct 18, 2022.
Expert Collections containing AZA Finance
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
AZA Finance is included in 4 Expert Collections, including Blockchain.
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Excludes US-based companies
Latest AZA Finance News
Oct 22, 2023
Share AZA Finance emerges as one of the first fintech firms in Africa with ISO 27001:2022 compliance, emphasizing their commitment to security and data management. South Africa - October 22, 2023 — After an extensive review process, the pan-African fintech AZA Finance, which recently celebrated its 10-year anniversary - a huge milestone for any fintech, has announced that it has attained the ISO 27001:2022 certification. This milestone underlines the company’s dedication to maintaining top-tier security standards throughout all of its services - including cross-border payments, treasury, and foreign exchange services to both African and international companies. This newly revised certification standard prescribes methods for businesses to tackle risks related to information security threats. It mandates the introduction of policies, procedures, and workforce training. Being awarded this certification, one of the first fintechs to do so in Africa clearly indicates their resolve to protect their data and assets from digital threats. It is significant to note that only a handful of institutions have achieved compliance with this most recent iteration of the standard. About ISO 27001:2022 ISO 27001:2022 represents the latest edition of the globally acknowledged Information Security Management System (ISMS) standard. This standard includes numerous modifications, from revamping existing mandates to introducing fresh clauses and security protocols. One of the most noticeable effects of the certification is AZA Finance’s clear commitment to information security. It signifies that the company has established mechanisms to prevent unauthorised data intrusions. With rigorous data protection protocols, entities can be confident that their financial data, personally identifiable information (PII), and transaction history within AZA Finance's payment systems are safe. Regardless of size, every organisation can encounter monetary and reputational challenges from inadequate data protection. This certification also quantifies the company’s dedication to preserving client and company data. ISO 27001 adherence aligns with global data protection regulations, minimising legal risks and potential penalties for non-adherence. It also has a training requirement, fostering accountability across the entire 200+ person organisation to protect data and maintain secure processes. Finally, the certification requires business continuity planning, guaranteeing that essential business operations remain unaffected during unforeseen security issues. About AZA Finance AZA Finance is an African fintech company offering secure and efficient financial infrastructure for payments, foreign exchange, and settlement. With more than a decade of experience, AZA Finance is committed to helping businesses thrive in Africa. With their API and web platform, it has never been easier to transact, exchange, payout, and settle in all major African and G20 currencies. Their global infrastructure is a trusted gateway for leading remittance providers, multinational corporations, and innovative enterprises worldwide. Visit them at www.azafinance.com
AZA Finance Frequently Asked Questions (FAQ)
When was AZA Finance founded?
AZA Finance was founded in 2013.
Where is AZA Finance's headquarters?
AZA Finance's headquarters is located at 9, Rue du Laboratoire, Grand Duchy of Luxembourg.
What is AZA Finance's latest funding round?
AZA Finance's latest funding round is Series B.
How much did AZA Finance raise?
AZA Finance raised a total of $56.9M.
Who are the investors of AZA Finance?
Investors of AZA Finance include Development Bank of Southern Africa, Sompo Holdings, Pantera Capital, Future Perfect Ventures, Greycroft and 11 more.
Who are AZA Finance's competitors?
Competitors of AZA Finance include Circle, BitGo, Thunes, Terrapay, Chipper Cash and 7 more.
Compare AZA Finance to Competitors
ZEPZ is a company focused on providing digital payment solutions in the financial services industry. The company offers services that enable users to send money securely and quickly to over 130 countries, with options for bank deposit, cash collection, mobile airtime top-up, and mobile money. ZEPZ primarily serves the global payments industry. ZEPZ was formerly known as WorldRemit. It was founded in 2010 and is based in London, England.
Airwallex offers a payment platform for modern businesses. It allows customers to issue and pay international invoices and bills and offers domestic and international business accounts, company cards, and expense management through its integrated platform. The company was founded in 2015 and is based in Melbourne, Australia.
Paga operates as a mobile money company that is building an ecosystem to enable people to digitally send and receive money, and creates simple financial access. It was founded in 2009 and is based in Lagos, Nigeria.
MobiKwik provides a mobile, phone-based payment system and digital wallet. The platform allows users to make instant bill payments and recharges. The company was founded in 2009 and is based in Gurugram, India.
Toss operates as a digital financial platform. It offers a range of financial services, including bank accounts, money transfers, a financial dashboard, credit score management, customized loans, insurance plans, and multiple investment services. Its products include Toss Payments, Toss Insurance, Toss Securities, and Toss Bank. It was founded in 2013 and is based in Seoul, South Korea.
MoMo develops an online mobile payment application. It allows users to make payments and transfer money digitally. It was founded in 2007 and is based in Ho Chi Minh City, Vietnam.