Company type | Private company |
---|---|
Industry | Financial technology |
Founded | 2012 |
Founders | Michael Kent, Marta Krupinska, Ricky Knox, Marek Wawro |
Defunct | August 1, 2023 |
Headquarters | Amsterdam , Netherlands |
Area served |
Europe (sending); worldwide (receiving) |
Key people | Michael Kent (Founder, EC) Richard Ambrose (CEO) |
Services | Money transfer |
Website | azimo.com |
Azimo B.V. was an online remittance service headquartered in Amsterdam, Netherlands. It also had offices in Kraków, Poland. [1]
Azimo offered money transfers to 190 receiving countries in over 80 different currencies. The company had half a million customers connected to its platform and offered more than 270,000 cash pick-up locations globally. [2] As of October 2019, sending countries were limited to Europe.
In March 2022, Azimo was acquired by the New York–based payroll and payments solutions provider, Papaya Global, [3] and closed their money transfer services in August 2022.
Azimo was founded in October 2012 in London, United Kingdom. [4] In 2016, an updated version of its app was launched with features including in-app chat and biometric security. [5]
As of early 2016, Azimo had raised $31 million in Series A and B funding [6] from investors including Frog Capital, Greycroft, MCI.TechVentures, e.ventures and Quona Capital. In May 2016, Japanese e-commerce company Rakuten invested in Azimo to accelerate the company's expansion into Asia. [7] [8] [9]
In 2020, Azimo moved to the Netherlands as a result of Brexit. [10] [11] Two years later it was acquired by Papaya Global and stopped operating.
Azimo offered money transfers to 190 receiving countries in over 80 different currencies. The company had half a million customers connected to its platform and offers more than 270,000 cash pick-up locations globally. [12] In 2016, an updated version of its app was launched with features including in-app chat and biometric security. [13]
As of October 2019, sending countries were limited to Europe that are primarily in the EU. The list of sending countries is:
{{
cite web}}
: CS1 maint: numeric names: authors list (
link)
Company type | Private company |
---|---|
Industry | Financial technology |
Founded | 2012 |
Founders | Michael Kent, Marta Krupinska, Ricky Knox, Marek Wawro |
Defunct | August 1, 2023 |
Headquarters | Amsterdam , Netherlands |
Area served |
Europe (sending); worldwide (receiving) |
Key people | Michael Kent (Founder, EC) Richard Ambrose (CEO) |
Services | Money transfer |
Website | azimo.com |
Azimo B.V. was an online remittance service headquartered in Amsterdam, Netherlands. It also had offices in Kraków, Poland. [1]
Azimo offered money transfers to 190 receiving countries in over 80 different currencies. The company had half a million customers connected to its platform and offered more than 270,000 cash pick-up locations globally. [2] As of October 2019, sending countries were limited to Europe.
In March 2022, Azimo was acquired by the New York–based payroll and payments solutions provider, Papaya Global, [3] and closed their money transfer services in August 2022.
Azimo was founded in October 2012 in London, United Kingdom. [4] In 2016, an updated version of its app was launched with features including in-app chat and biometric security. [5]
As of early 2016, Azimo had raised $31 million in Series A and B funding [6] from investors including Frog Capital, Greycroft, MCI.TechVentures, e.ventures and Quona Capital. In May 2016, Japanese e-commerce company Rakuten invested in Azimo to accelerate the company's expansion into Asia. [7] [8] [9]
In 2020, Azimo moved to the Netherlands as a result of Brexit. [10] [11] Two years later it was acquired by Papaya Global and stopped operating.
Azimo offered money transfers to 190 receiving countries in over 80 different currencies. The company had half a million customers connected to its platform and offers more than 270,000 cash pick-up locations globally. [12] In 2016, an updated version of its app was launched with features including in-app chat and biometric security. [13]
As of October 2019, sending countries were limited to Europe that are primarily in the EU. The list of sending countries is:
{{
cite web}}
: CS1 maint: numeric names: authors list (
link)