AZA Group (f.k.a. BitPesa)

Trading · Payments
AZA Group (f.k.a. BitPesa) header

AZA Group (f.k.a. BitPesa)

Trading · Payments

Hybrid Financial Infrastructure for Frontier Markets. Better Cross-Border Business.

Kenya, Nairobi
Total amount raised
Year of establishment


Hi we’re AZA Group (f.k.a. BitPesa)!

Formally known as "BitPesa", AZA is an established provider of currency trading solutions which accelerate global access to frontier markets through an innovative infrastructure. By leveraging cutting edge technology in their flagship products, TransferZero and BFX, AZA is able to significantly lower the cost and increase the speed of business payments to and from frontier markets. TransferZero is their B2B2C product, which provides both wholesale currency purchase and retail settlement via their robust API. BFX is their B2B over-the-counter platform for businesses with wholesale currency needs, especially those paying partners and suppliers.
AZA's partners utilize their hybrid financial infrastructure and deep local knowledge to manage liquidity and send payments to dozens of bank networks and mobile money operators across Africa. Licensed by the UK's FCA and the Bank of Spain, AZA is a market-maker in every major African currency. Launched in Nairobi, AZA now has offices in Lagos, London, Luxembourg, Madrid, and Dakar.

Key objective

To accelerate global access to frontier markets through an innovative infrastructure.

Slogan / Motto

Fast, easy, cost-effective financial transactions for frontier markets.

Use cases

Cross-border payments
Merchant Solutions
Payment Platform
Foreign Exchange


Team members

Adam Gouveia CFO


Adam learned about bitcoin in 2013 while working at a bank. He left three months later and has worked in the cryptocurrency/blockchain space ever since.

Ann-Elise Francis Head of Operations

Elizabeth Rossiello CEO & Founder


Elizabeth has lived and worked in Nairobi, Kenya since 2009 and knows financial services from the Mara to the Board room. She speaks 5 languages, has 2 kids, and still makes sure everybody meets their deadlines.

Callum Dryden CTO


Callum is the CTO of Bitpesa, with over 10 years of engineering experience. Callum started out as a Software Engineer at Sun Microsystems and has honed his skills in both the technology and financial sectors leading projects from market disrupting prototypes to multi-million dollar investment platforms for FNZ. Before joining Bitpesa Callum worked on RightScale’s cloud management platform which has given him a unique insight into delivering software solutions that can massively scale. He holds a B.Eng in Software Engineering from Edinburgh Napier University.



Received funding
Total amount raised
Total amount of investors
Amount Raised
Funding type
Funding round closing
Development Bank of Southern Africa (DBSA)
Sompo Holdings
Series A
Digital Currency Group
Future Perfect Ventures
Pantera Capital Management LP
Plug and Play
BitFury Capital
Blockchain Capital, LLC
Colle Capital Partners
Digital Currency Group
Future Perfect Ventures
Pantera Capital Management LP
Stephens Investment Management
Digital Currency Group
Future Perfect Ventures
Pantera Capital Management LP