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Condia Insider: dLocal goes local

In this letter, we explore: dLocal to acquire AZA Finance in $150 million deal, Fincra bags Tanzanian licence as it expands East African presence, South Africa seizes Starlink kits.
3 minute read
Condia Insider: dLocal goes local

We have prepared context and insights about this week’s leading news. The stories are:

  • dLocal to acquire AZA Finance in $150 million deal
  • Fincra bags Tanzanian licence as it expands East African presence
  • South Africa seizes Starlink kits

dLocal to acquire AZA Finance in $150 million deal

dLocal is making its biggest play outside Latin America, and it’s going hard on Africa. 

The Uruguay-based payments giant is acquiring AZA Finance for around $150 million, just months after they started working together. Pending regulatory approval, the deal gives dLocal serious muscle in cross-border payments, stablecoin coverage, and FX liquidity, thanks to AZA’s deep treasury operations and a team that’s been trading across African markets for over a decade.

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Last updated: June 4, 2025

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