Azimo
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Azimo

http://www.azimo.com/
Last activity: 06.06.2024
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Categories: ExchangeFinTechHomeITMobileOnlineServiceSocialTechnologyWebsite
Imagine if your bank took 7% of every transfer you made.

Sounds crazy, doesn't it? And yet it's reality for hard-working people who send money abroad.

Azimo was founded in 2012 with a strong social purpose: to make it cheaper and easier for people to support their loved ones back home.
Likes
107.12K
Followers
13.66K
Website visits
44.8K /mo.
Mentions
89
Location: United Kingdom, England, London
Employees: 51-200
Total raised: $88.09M
Valuation: $100M
Founded date: 2012

Investors 6

Funding Rounds 6

DateSeriesAmountInvestors
04.02.2020-$22.09M-
31.05.2018Series C$20MRakuten Ca...
05.05.2016-$15M-
15.06.2015Series B$20M-
18.03.2014Series A$10MGreycroft
29.09.2013Seed$1M-

Mentions in press and media 89

DateTitleDescription
06.06.2024Navigating Remittances: The Best Channel for Sending Money to South SudanShare Tweet Share Share Email In today’s interconnected global economy, remittances are crucial for connecting families and supporting livelihoods across borders. However, sending money to countries like South Sudan involves numerous challe...
28.03.2022Papaya Global to buy Azimo for $150M-$200M to expand its payroll payments to more marketsSix months after raising $250 million, Papaya Global is making a key acquisition to expand its cloud-based HR and payroll platform globally on the heels of major surge in remote working. The Israeli startup is acquiring Azimo — the London-b...
17.03.2021Why ESG’s importance has been highlighted by COVID-19Environmental, Social and Governance (ESG) topics have been gaining significant attention over the last few years and are becoming an increasingly important consideration for investors. The global pandemic has played a part in accelerating ...
26.02.2021UK Kalifa Fintech Review: Policy Recommendations for Keeping the Fintech Boom GoingThe long-anticipated report on the UK Fintech ecosystem and recommendations as to how to keep the robust market growing in a post-Brexit world has been published today. The Kalifa Review of Fintech seeks to provide a roadmap for the UK to m...
05.01.2021Digital.com Announces Best Mobile Payment Services of 2020SEATTLE (PRWEB) January 05, 2021 Digital.com, a leading independent review website for small business online tools, products, and services, has announced the best mobile payment services of 2020. The top solutions were selected based on key...
10.09.2020Ripple's Partner Azimo Teams Up with Alipay for Wiring Funds to China in RMBContents Wiring cash from Europe and the U.K. to China via AzimoRipple partner ACI joins forces with major Indian bank Azimo's blog post says that the platform for digital cash wires, which uses Ripple's On-Demand Liquidity service (ODL), h...
28.04.2020PagoFX by Santander Broke Into The UK Market – What’s Next?PagoFX, a money transfer app backed by Santander, has been launched in the UK, enabling transfers among others to Poland. Due to the COVID-19 pandemic, the company waives any fees on transfers until June 16. The Polish community in the UK i...
02.04.2020Money transfer service Azimo partners with Siam Commercial Bank for faster payments to ThailandAzimo, the London-headquartered international money transfer service, has partnered with Thailand’s Siam Commercial Bank (SCB) to deliver instant payments for its customers from Europe to SCB bank accounts in Thailand. According to the Worl...
02.03.2020Watch out TransferWise: Santander’s new fintech project is coming for youEurope’s largest traditional bank Santander is within weeks of launching its fintech spinout and TransferWise-rival, PagoFX, according to several people briefed on the plans. The project is part of the bank’s efforts to stay apace with digi...
06.02.2020Azimo nabs €20m funding from European Investment BankThe European Investment Bank (EIB) has funded money transfer service Azimo with a €20 million debt agreement supported by the European Fund for Strategic Investments (EFSI). Michael Kent, Azimo founder The loan will be used by Azimo to supp...
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