dLocal expands African presence through AZA Finance acquisition 😳💸; Santander enters the stablecoin race 👀🪙; Klarna expands banking ambitions with debit card launch 💳🏦

FinTech is Eating the World, 5 June

Hey Everyone,

Good morning & happy Thursday! Today all eyes are on dLocal, which expands African presence through AZA Finance acquisition (what it’s all about, why it makes sense & what’s next for dLocal + bonus areas on other notable FinTech M&As & some resources for profitable acquisitions), Santander that is entering the stablecoin race (what does it tell us & what can we expect next + the ultimate list of 110+ real-world stablecoin use cases), and Klarna, which is expanding its banking ambitions with debit card launch (why it makes sense & what does this indicate about the future of FinTech + bonus deep dive into Klarna & PayPal). Let’s just jump straight into the fascinating stuff 🌶️

dLocal expands African presence through AZA Finance acquisition 😳💸

The BIG news 🗞️ Uruguay-based payments giant dLocal DLO 0.00%↑ just announced its intention to acquire AZA Finance, a prominent African FinTech company, marking a significant expansion into one of the world's fastest-growing financial markets.

The transaction, subject to regulatory approval, represents dLocal's first major acquisition outside its Latin American stronghold and underscores its commitment to diversifying its geographic footprint.

Let’s take a look at this, see why it matters & what’s next.