Azimo

Azimo
Company typePrivate company
IndustryFinancial technology
Founded2012
FoundersMichael Kent, Marta Krupinska, Ricky Knox, Marek Wawro
DefunctAugust 1, 2023 (2023-08-01)
Headquarters
Amsterdam
,
Netherlands
Area served
Europe (sending);
worldwide (receiving)
Key people
Michael Kent (Founder, EC)
Richard Ambrose (CEO)
ServicesMoney transfer
Websiteazimo.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.

  1. ^ "Azimo offers a cheaper way to send money home". The Washington Post. 24 November 2014. Retrieved 4 May 2016.
  2. ^ Wall, Matthew (23 March 2015). "Money may make the world go round, but at what cost?". BBC News. Retrieved 4 May 2016.
  3. ^ April 2022, 4th (2022-04-04). "Money transfer app Azimo acquired by Papaya Global". FinTech Futures. Retrieved 2022-04-05.{{cite web}}: CS1 maint: numeric names: authors list (link)