 | |
| Company type | Private |
|---|---|
| Industry | Financial technology |
| Founded | 2012 |
| Founders | Michael Kent, Marta Krupinska, Ricky Knox, Marek Wawro |
| Defunct | August 1, 2023[1] |
| Fate | Acquired by PAPAYA Global |
| 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.[2]
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.[3] As of October 2019, sending countries were limited to Europe.[4][5]
In March 2022, Azimo was acquired by the New York–based payroll and payments solutions provider, PAPAYA Global, incorporating its licensed payment services to support global transactions.[6]
- ^ Margolin, Alex (2022-03-28). "Papaya Global - how the world gets paid". Papaya Global. Retrieved 2024-12-16.
- ^ "Azimo offers a cheaper way to send money home". The Washington Post. 24 November 2014. Retrieved 4 May 2016.
- ^ Wall, Matthew (23 March 2015). "Money may make the world go round, but at what cost?". BBC News. Retrieved 4 May 2016.
- ^ Mavadiya, Madhvi. "A Look At Azimo And How It Has Reached Profitability". Forbes. Retrieved 2024-12-16.
- ^ "How to Build a P2P Money Transfer Mobile App Like Azimo". agilie.com. Retrieved 2024-12-16.
- ^ April 2022, 4th (2022-04-04). "Money transfer app Azimo acquired by Papaya Global". FinTech Futures. Retrieved 2022-04-05.
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