Vanberra Signal
Azimo logo

Azimo

Curated by Signal

Cross-border remittance service focusing on salary payments for businesses.

About

Azimo operates in the fintech sector by offering cross-border remittance banking solutions, primarily through its money transfer service. Since its establishment in 2012, the company has facilitated over two million transactions for both individual and business customers. Following its acquisition by Papaya Global, Azimo is shifting its focus towards providing salary payment solutions for business clients and is discontinuing its previous money transfer services. This transition is intended to address the issue of high remittance costs, which aligns with Azimo's objective to improve affordability in global money transfers. The company's competitive advantage is based on its efforts to reduce these costs, which may benefit businesses looking for efficient payment solutions.

Key facts

Founded
2012
Sector
Payments

Business model

Contact

More on Vanberra Signal

Members only

Competitors & similar companies

More Payments companies
  • Cross-border remittance service enabling secure international money transfers.

    PaymentsChicago, United States
  • Cross-border remittance service enabling secure money transfers and payments.

    PaymentsSan Francisco, United States
  • Online money transfer service enabling affordable remittances for immigrants.

    PaymentsSeattle, United States
+ 6 more similar companies on Signal

Azimo: quick answers

What does Azimo do?
Azimo operates in the fintech sector by offering cross-border remittance banking solutions, primarily through its money transfer service.
Where is Azimo headquartered?
Azimo is headquartered in London, United Kingdom.
When was Azimo founded?
Azimo was founded in 2012.
Which sector is Azimo in?
Azimo operates in Payments, part of Financial Technology.
Who are Azimo's competitors?
Companies similar to Azimo include Pangea Money Transfer, Xoom, and Remitly.