Azimo

company

About

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

  • 101 - 250

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
€20M
Industries
Financial Services,FinTech,Mobile Payments,Personal Finance
Founded date
Jan 1, 2012
Number Of Employee
101 - 250
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
€20M
Azimo has raised a total of €20M in funding over 2 rounds. Their latest funding was raised on Feb 4, 2020 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 4, 2020 Debt Financing €20M 1 European Investment Bank Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Azimo is funded by 1 investors. European Investment Bank are the most recent investors.
Investor Name Lead Investor Funding Round
European Investment Bank Yes Debt Financing