AZA Finance

company

About

AZA is a provider of currency trading solutions that accelerate global access to frontier markets through an innovative infrastructure.

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.10M
Industries
Finance,Financial Exchanges,Financial Services,Payments
Founded date
Nov 1, 2013
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
BTC Africa S.A.
Also Known As
BitPesa,AZA Group

AZA Finance is a digital foreign exchange and payment platform that leverages blockchain settlement to significantly lower the cost and increase the speed of business payments to and from frontier markets. AZA Group is a market-maker in every major African currency and opens corridors for business payments and trade between frontier markets and the rest of the world. AZA Group was the first blockchain company to be licensed by the UK's Financial Conduct Authority and follows stringent KYC practices.


AZA Group services frontier market businesses and multinationals paying suppliers as far as China and UAE, as well as cryptocurrency traders. Our API also enables international remittance companies to send white-label payments to dozens of bank networks and mobile money operators across Nigeria, Kenya, Ghana, Uganda, Tanzania, Senegal, and the DRC.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$74.95M
AZA Finance has raised a total of $74.95M in funding over 2 rounds. Their latest funding was raised on Jan 1, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 1, 2022 Debt Financing $25M 1 Alameda Research Detail
Apr 28, 2021 Series B $20M Detail
Oct 22, 2019 Debt Financing $15M 1 Development Bank of Southern Africa (DBSA) Detail
Nov 23, 2018 Series B $5M 1 Sompo Holdings Detail
Aug 30, 2017 Series A $6.70M 5 Greycroft Detail

Employee Profiles

Number of Employee Profiles
9
AZA Finance has 9 current employee profiles, including Executive Elizabeth Rossiello
Board member
Board member
Executive
Employee

Acquisition

AZA Finance has acquired 2 organizations. Their most recent acquisition was TransferZero Money Transfer EP SA on Feb 7, 2018. They acquired TransferZero Money Transfer EP SA for 0.

Date Company Name
Industry Acquisition Type Price
Financial Services acquisition Detail
Apr 28, 2021 Exchange4free
Finance acquisition Detail