Azimo Enables Transfer of Money to Friends and Relatives, Raised $10 Mn

Azimo, is a global payment processing business providing internet and mobile based inter-country consumer money transfer services. The company has recently raised $10 Mn in Series A Funding led by Greycroft Partners with participation from Frontier Investment Group, TA Ventures, eVentures, RI Digital Ventures and KRW Schindler Investments.

'Sending money to the developing world has historically been an expensive and time-cons ...