“With the rise of e-commerce, it’s essential to have a system that guarantees efficient last-mile delivery. Our solution ensures accurate identification, while helping the country meet Know Your Customer (KYC) requirements for banking services."
Founded in 2013 as BitPesa, Aza Finance has steadily expanded its reach across Africa and beyond, providing foreign exchange, payments, and treasury services to companies operating in emerging markets.
For Elmawkaa, the acquisition marks a significant success for its founders and early investors, who include entities such as Flat6Labs, TIEC, 500 Global, and Taqadam.
As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.
As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.
