Azimo
Remote raises $300M more, now at a $3B+ valuation, to manage payments and more for globally distributed workforces
Remote workforces have come into their own in the last several years, with companies ever more willing to tap into talent wherever it happens to be, and a vast array…
Papaya Global to buy Azimo for $150M-$200M to expand its payroll payments to more markets
Six months after raising $250 million, Papaya Global is making a key acquisition to expand its cloud-based HR and payroll platform globally on the heels of major surge in remote working.…
European branded payments startup Recharge raises $11.8M debt round led by Kreos Capital
Online branded payments now run the gamut of anything from Spotify vouchers, Netflix vouchers, Neosurf, PaySafe cards, and everything in between. Consumers use them to pay for a variety of…
Azimo, the money transfer service, secures €20M debt finance from the European Investment Bank
Azimo, the money transfer service that is HQ’d in London but has the majority of its staff based in based in Poland, has secured €20 million in debt from the…
Azimo appoints new CEO as money transfer service reaches profitability
Azimo, the U.K.-headquartered money transfer service backed by Japan’s Rakuten Capital, amongst others, is seeing a change at the top: founder Michael Kent is stepping sideways to become “executive chairman,”…
Hot on the heels of raising $20 million in Series C funding led by Japan’s Rakuten Capital, London-based money transfer service Azimo is launching a new service aimed at small…
Money transfer startup Azimo now lets you send money to a phone number
Azimo, the U.K. money transfer startup backed by Rakuten, is rolling out a neat new feature that makes it a lot easier to send money through the app and should…
Brexit one month on: currency lows and talent fear
How are UK startups coping with the unraveling of the old world order? In the immediate aftermath of the Brexit vote, TechCrunch spoke to several founders who expressed shock, disappointment…
Remittance startup Azimo raises $15M from Viber owner, e-commerce giant Rakuten
Azimo was once in talks to be acquired by WhatsApp and Messenger owner Facebook. And while may not have gone anywhere, today it is announcing funding from another big tech company in possession of a major messaging app.…
Families Get Screwed Sending Dollars To Mexico. TransferWise Does It 4X Cheaper
Money transfers are a crooked racket. They’re designed to hide just how much cash they steal from immigrant workers sending funds to family back home. Western Union, Moneygram, even PayPal’s…
Azimo, a mobile money transfer startup out of London that was once feted by Facebook, is jumping into the funding ring with a $20 million raise. CEO and co-founder Michael Kent says the…
Azimo Raises $10M Series A Led By Greycroft Partners To Expand Money Transfer Service
More evidence that the online money transfer space is heating up significantly, as startups aim to disrupt the banks and incumbents such as Western Union. Money transfer startup Azimo has…
As Europe’s Online Money Transfer Market Heats Up, UK’s Azimo Expands To Germany And Ireland
Following a $1 million seed round, UK money transfer startup Azimo has made good on its promise to begin expanding to other parts of Europe. Today the company has officially…
Azimo Raises $1M Seed Funding To Take Its Money Transfer Service To Europe
It seems there’s still money to be made in money transfers. Azimo, the UK-based social money transfer service that competes with legacy players Western Union and Moneygram, and to a lesser…
Social Money Transfer Service Azimo Adds Facebook Integration To Squeeze Western Union
Azimo, the UK-based social money transfer service aiming to disrupt an industry dominated by legacy players Western Union and Moneygram, is rolling out integration with Facebook to make it easy…
