StageSeries B | Alive
Last Raised$20M | 2 yrs ago
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. The company was formerly known as BitPesa. It was founded in 2013 and is based in Grand Duchy of Luxembourg, Luxembourg.
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Research containing AZA Finance
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned AZA Finance in 2 CB Insights research briefs, most recently on Oct 18, 2022.
Oct 18, 2022How blockchain could disrupt banking
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. Various industries include financial services, trade finance, supply chain, enterprise tech, consumer and retail, and healthcare.
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Excludes US-based companies
Latest AZA Finance News
May 19, 2023
19-05-2023 08:38:24 | by: Bob Koigi | hits: 954 | Tags: AZA Finance released a brief unveiling critical insights in the Ghanaian fintech landscape, emphasizing the crucial roles of banks, regulators, and fintech in driving global investment into this thriving market. Authored by Elizabeth Rossiello, CEO and founder of AZA Finance, and Nana Yaw Owusu Banahene, Country Manager (Ghana) at AZA Finance, the report provides insight into Ghana's regulatory environment, key statistics, and a promising outlook for businesses seeking to establish a presence in this burgeoning market. The report reveals Ghana's digital transformation, fueled by tech-savvy regulators, robust banking infrastructure, and the responsible expansion of fintech, as key factors contributing to its attractiveness for international fintech, multinational corporations, and investors. Notable highlights from the report include: Increasing fund flows from the United Kingdom and Europe are attributed to Ghana's growing international reputation and interest in money transfer operators to enter the country. Mobile money's dominance in Ghana, with nearly 60% of foreign exchange conversions paid out to mobile money accounts, reflects this technology's importance in the country's financial landscape. Rossiello shares her enthusiasm for Ghana's success and potential: “We are thrilled to be part of Ghana's present success and eagerly anticipate the bright future that lies ahead.” This report is a valuable resource for businesses and investors looking to explore opportunities in Ghana's flourishing fintech sector. It offers compelling evidence that the nation's forward-thinking regulatory approach, strong financial infrastructure, and innovative spirit create an ideal environment for businesses to thrive.
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 10 more.
Who are AZA Finance's competitors?
Competitors of AZA Finance include Chipper Cash, Ledger, Centbee, Toss, Zoona, BitGo, MobiKwik, Airwallex, Klasha, Circle and 19 more.
Compare AZA Finance to Competitors
ZEPZ provides a digital money transfer platform. The company specializes in international transfers to mobile money accounts – a technology where a customer's phone numbers acts like a bank account to hold funds.
Airwallex offers a suite of financial technology software solutions. 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. Its platform allows users to make instant bill payments or recharges instantly. The company was founded in 2009 and is based in Gurugram, India.
Toss is a digital platform that 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 2011 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.
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