AZIMO

azimo.com

t: @Azimo

LI:

CEO: Michael Kent

Founder(s):  Michael Kent, Marta Krupinska

Founded: 2012

Keywords: Money transfer, Remittances, Financial inclusion

Total Funding: $66M

Latest funding: $20M Series C May 2018

HQ: London, UK

“Remittances reaching more than 5Bn potential customers”

Azimo enables payments from Europe to more than 200 countries and territories in more than 80 currencies, reaching more than 5 billion potential customers. 

In April 2019 Azimo secured a licence from the Dutch Central Bank to operate its services in the Netherlands. It also opened an office in Amsterdam to grow its share of the market for cross-border payments from Europe, a market valued at over EUR 1 trillion. 

Azimo also announced a strategic partnership with leading African payments business Interswitch Group to further enable instant money transfers from 23 countries in Europe to any customer in Nigeria - Azimo’s biggest market.