Papaya Global

Imagine if your bank took 7% of every transfer you made.

Sounds crazy, doesn't it? And yet it's reality for hard-working people who send money abroad.

Azimo was founded in 2012 with a strong social purpose: to make it cheaper and easier for people to support their loved ones back home.

European Investment Bank

Future Fifty

Frog Capital

Silicon Valley Bank

Quona Capital

GR Capital

Greycroft

MCI Capital SA

Rakuten Capital

Headline

Azimo

Thank you, Papaya Global. We're delighted to be here. 🚀

#payments #fintech

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Chief Financial Officer

Tatiana Okhotina

Head of Design

Jozef Kocur

Managing Director, Canada

Susan Frostad

Team Lead, Senior Software Developer, Big Data Developer – Azati Software

Alexey Prudzila

Team Lead, Java Software Developer at Azati Software

Aliaksandr Kryzhak

Account Manager

April Meredith

Office Manager

Jardene Gibson

Operations Manager - Poland

Marcelina Zengel

Operations Manager

Ramzi Rebahi

Sadhbh Kennedy

Steven Dunne

Andreas Haug

Michael Rolph

Monica Brand Engel

Kamran Ansari

Michael Kent

Founder & Executive Chairman

Ricky Knox

Founder

Alasdair McPherson

Investor

Ilona Sapiezko

Chief People Officer

Rory Newton

Chief Product and Technology Officer

Dora Ziambra

Closed Europe FinTech Companies

Europe, Middle East, and Africa (EMEA) Companies that Exited (Top 10K)

Headline Portfolio Companies

Acquired England Companies

Azimo is an online money transfer company that provides a fast, secure, and low-cost alternative to legacy high street remittance services.

Azimo is created with the explicit mission of cutting the costs of sending money home. Its international money transfer platform allows to send money either to a bank account or to over 270,000 cash pick-up points around the world and is accessible via mobile devices.

Debt Financing - Azimo

Series C - Azimo

Non Equity Assistance - Azimo

Rakuten

Venture Round - Azimo

Series B - Azimo

Series A - Azimo

Seed Round - Azimo

London

England

United Kingdom

Europe

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Papaya Global to buy Azimo for $150M-$200M to expand its payroll payments to more markets

Azimo, following its acquisition by Papaya Global, will focus on providing salary payments to business customers.

Indonesia

Asia

Senegal

Africa

Germany

United States

North America

Colombia

South America

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Wise, formerly known as TransferWise, is a London-based financial technology company that provides international money transfer services.

Wise Solutions

WorldRemit is a digital international money transfer service that allows customers to send money to be received as a bank deposit, cash pickup, mobile credit, or airtime top-up.

WorldRemit

Remitly is a digital remittance service that allows people to send money internationally from the United States.

Remitly

Azimo B.V. was an online remittance service that 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. It was acquired by Papaya Global in March 2022 and ceased its money transfer services in August 2022.

Azimo B.V.

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COM:AZIMO

Azimo B.V.