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September 23, 2021
Finance Technologies

AZA Finance acquires Exchange4Free to become largest non-bank FX firm in Africa

Trading firm AZA Finance is set to acquire cross-border payments company Exchange4Free for an undisclosed sum. AZA says the deal will make it the largest non-bank provider of foreign exchange (FX) treasury services across Africa. AZA expects its transaction volumes to double in 2021 The trading firm reckons it can more than double its transaction volume to $2.5 billion in 2021. It predicts an expansion of its geographic reach, hitting 115 countries across the world. Exchange4Free’s solutions allow users to send and receive free money transfers to around 100 countries. The firm also provides online trading and execution in “over 70…
AZA Finance acquires Exchange4Free to become largest non-bank FX firm in Africa

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