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Azimo

Fair & simple money transfer

Azimo is a digital money transfer platform that changes the way people send money home. Available on desktop or mobile via it’s Android or iOS app, the online platform enables customers to send money from 20 countries in Europe and the UK to over 190 countries around the world. By simplifying the value chain through technology, Azimo is able to cut the cost of transactions to a fraction of offline services. Azimo was born out of a need to drive make it drastically easier for people living abroad to connect with their families, friends and lives back home – without breaking the bank. Sky-high transaction prices from high street money transfer companies are still prevalent with an average cost of 9%, meaning less money is getting home to loved ones to fund education, pay for parent’s medication or invest in vital businesses for example. Through technology innovation, unmatched digital reach and a drive to battle financial inclusion, Azimo has built one of the leading digital money transfer companies globally. Based in London, Azimo has raised $31million in funding and grown five-fold since launch in 2012.

Name CEO: Michael Kent
Company founded in: 2012
Country: United Kingdom
Website: www.azimo.com
Twitter: @azimo
Category: Financial Inclusion

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