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Our Hybrid Infrastructure Optimizes Pooling and Use of Local Currencies.Our Hybrid Infrastructure Optimizes Pooling and Use of Local Currencies Correspondent Banks Discriminate Against Frontier Markets, So Often Require Multiple Intermediaries Which Results. Visit us:-https://www.azafinance.com/
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aza The global currency trading infrastructure for fast, efficient, and reliable access to frontier markets Introduction Q1 2020
Problem in Africa Lack of Infrastructure means USD used too much 01 Frequent shortages of controlled USD causes delays when waiting to use SWIFT SWIFT transactions can cost up to 7% and take 2-14 days once USD is sourced Frontier Markets have few banks with correspondent status 02 Correspondent banks discriminate against frontier markets, so often require multiple intermediaries which results in 1) Frequent delays 2) Lost Transfers 3) Limited transparency on transaction status Local Settlement Systems have last-mile restraints 03 Connectivity between banks (even with same network) and mobile payment channels is very weak in many markets 1 1 www.aza.com www.azafinance.com
Over $1.1 Trillion in just African trade transacts inefficiently via US dollar $400Bn Intra- Africa 1% reduction in $1.1 Trillion Trade2 (Africa & rest of the world) fees = $15 Billion $64Bn Remittances1 1 worldbank.org 2 wto.org 3 afreximbank.com 1 2 www.aza.com www.azafinance.com
Banks - Mobile - Digital 45 local currency bank accounts , licenses, connectivity to last-mile mobile on 3 continents. Our hybrid infrastructure optimizes pooling and use of local currencies Currencies REMAIN in country - no SWIFT - no USD as middle currency Buyer Buyer Seller Seller Buyer Buyer Seller Seller 1 3 www.aza.com www.azafinance.com
FAST COMPLIANT DIGITAL MARKETING MAKER FOR FRONTIER CURRENCIES In most cases, settles in T+1 or T+2 Licensed by Bank of Spain and UK’s FCA DIRECT LOW-COST Netting and pooling model reduces need for USD Transparent and volume-based pricing 1 4 www.aza.com www.azafinance.com
Which product is right for you? Large (typically >10K USD) Smaller (Typically <10K USD) Size of Payments Number of Payments Few Many Frequency of Payments Monthly or Weekly Daily Three easy steps on www.mybfx.co Easy Integration into our API Sign-Up Process 1 5 www.aza.com www.azafinance.com
Monthly transaction volume $100m 100000000 BitPesa Founded in 2013 in Nairobi Kenya Sub-brands TransferZero and BFX introduced in 2018 Re-branded to AZA in 2019 75000000 $40m 50000000 SOMPO Investment $24m Series A + Greycroft 25000000 Acquired TransferZero EU payments license Series A Draper VC UK payments license by FCA $10m 0 Dec 15 Dec 17 Dec 18 may 14 Dec 14 Dec 16 Dec 19 6 www.azafinance.com
Pay-out/pay-in Options Morocco Cash Senegal Mobile Ghana Mobile Nigeria Uganda Mobile Tanzania Mobile 1 6 www.aza.com www.azafinance.com
Pay-out/pay-in Options Morocco Cash Senegal Mobile Ghana Mobile Nigeria Uganda Mobile Tanzania Mobile 1 7 www.aza.com www.azafinance.com
Fund Flow - Fiat NGN NGN UGX UGX Domestic Transfer Domestic Transfer Nigeria Bank AZA Nigeria Bank AZA Ugandan Bank Customer Local Bank Compliance checks every step of the way 1 8 www.aza.com www.azafinance.com
Wide footprint with strong regulatory coverage LONDON, UK LUXEMBOURG Asia • Newest investor - SOMPO MADRID, SPAIN TOKYO, JAPAN MOROCCO Middle East • Admitted into UAE regulatory sandbox with ADGM ABU DABI, UAE European Union • Licensed as an Authorized Payment Institution by U.K. FCA and Bank of Spain • PSD2 / GDPR compliant • In partnership with licensed banking partners to collect/disburse EUR, GBP, USD DAKAR, SENEGAL LAGOS, NIGERIA East Africa • 1st Company of our type to be licensed by Bank of Uganda (BOU) NAIROBI, KENYA West Africa • Interm PSSP license approved by CBN Q4 2019 • In partnership with licensed banking and mobile wallet partners to receive/disburse NGN, GHS, XOF Southern Africa • DLA license in progress JOHANNESBURG, SOUTH AFRICA 1 9 www.aza.com www.azafinance.com
EXECUTIVE TEAM Teresia Kairu, COO Adam Gouveia, CFO Elizabeth Rossiello, CEO 10 years working in African financial services Columbia University, MA Finance 12 years experience in investments, trading, and FX UC Davis, MBA Finance 10 years Finance Manager Expert in Audit and Transfer Pricing Michael Nderitu, CRO Callum Dryden, CTO Deepika Adusumilli, CPO 20 years experience in product strategy, delivery , and building Fin- Tech 12 years experience in investments, trading, and FX 15 years technical experience Edinburgh University, Engineering 10 www.azafinance.com
We are recognised by global influencers The Next Frontier: The Future of Finance in the Middle East and Africa AWARD: Companies to Inspire Africa, 2017 AWARD: Technology Pioneer, 2018 BitPesa Acquires TransferZero, Leading Online European Money Transfer Service Blockchain company BitPesa wants to transform payments in Africa Meet Elizabeth Rossiello. CEO BitPesa 1 11 www.aza.com www.azafinance.com
CONTACT US East Africa: Rose Mukami Gitonga rose@azafinance.com +254 718 431 289 thank you EU: Sidharth Gautam sidharth@azafinance.com +44 755 323 7682 UK and US: Sukhi Srivatsan sukhi@azafinance.com, +44 773 721 5734 West Africa: Fatimah Gana-Mahmoud fatimah@azafinance.com +234 803 331 9432