 | |
| Company type | Private |
|---|---|
| Industry | Financial technology |
| Founded | 2012 |
| Founders | Michael Kent, Marta Krupinska, Ricky Knox, Marek Wawro |
| Defunct | August 1, 2023[citation needed] |
| 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 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.
- ^ April 2022, 4th (2022-04-04). "Money transfer app Azimo acquired by Papaya Global". FinTech Futures. Retrieved 2022-04-05.
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