Acquisition by Papaya Global Azimo was recently acquired by Papaya Global, a payroll specialist company. With a shift in focus away from money transfer services, opportunities may arise for Azimo to explore new avenues through collaboration.
Expansion into Pakistan and Turkey Azimo has expanded its service offerings by launching money transfer services to Pakistan and Turkey. These new markets present opportunities for Azimo to tap into growing customer bases and establish a stronger presence in these regions.
Partnership with United Payments Through its partnership with United Payments, Azimo has initiated an instant remittance service to Turkey. This collaboration opens doors for Azimo to leverage the capabilities of United Payments and enhance its service delivery.
Competitive Positioning with Wise Identified as a competitor of Wise, Azimo has been making strategic moves to differentiate itself in the foreign exchange transfer market. By integrating with Facebook Messenger and focusing on customer-centric innovations, Azimo is positioning itself for further growth and customer acquisition.
Revenue and Funding Profile With revenue in the range of $10M - 50M and funding amounting to $22M, Azimo showcases a strong financial standing. This healthy financial profile positions Azimo well to invest in sales and marketing efforts to drive further revenue growth and market expansion.
Azimo uses 8 technology products and services including Hotjar, PostgreSQL, SQLite, and more. Explore Azimo's tech stack below.
| Azimo Email Formats | Percentage |
| first.last@azimo.com | 72% |
| first@azimo.com | 24% |
| last@azimo.com | 3% |
| flast@azimo.com | 1% |
Financial ServicesLondon, United Kingdom51-200 Employees
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.
Company Overview
Media & News
Funding & FinancialsAzimo has raised a total of $22M of funding over 7 rounds. Their latest funding round was raised on Feb 04, 2020.
Azimo's revenue is in the range of $10M$50M
Funding & FinancialsAzimo has raised a total of $22M of funding over 7 rounds. Their latest funding round was raised on Feb 04, 2020.
Azimo's revenue is in the range of $10M$50M
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