Azimo
remittances . mobile/online remittance . business . consumer
Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!
About
Azimo is a global payment processing business providing internet and mobile-based inter-country consumer money transfer services.
Focus
PRODUCTS & SERVICES
The company provides international remittance service and provides the freedom to the user to send money in the manner that they want, the company provides option of Cash pickup, Home Delivery, Mobile Top-up, Mobile Wallet, Swift transfer and Direct bank transfer
REVENUE MODEL
The company charges per trasaction fees. The fees varies depending on the country where the money is to be send
MAIN CLIENTS
Consumers
EXISTING PARTNERSHIPS
Financial Conduct Authority
HM Revenue and Customs
Information Commissioners Office
AUKPI and IAMTN
Traction
VALUATION / MARKET CAP:
$100 M in 2015
REVENUE
$10M+ in 2017
REVENUE COMMENT:
The company had a revenue of $14Million+ in 2017
TRANSACTIONS VALUE:
$200 K
People
BOARD MEMBERS AND ADVISORS
Kamran Ansari J.D.
Monica Brand
Andreas Haug
NUMBER OF EMPLOYEES
51-200
INVESTORS:
KRW Schindler Private Ventures
KEY EMPLOYEES:
Marek Wawro
Momentum
FUNDED
YES
TOTAL FUNDING
$66 M
DATE OF LAST FUNDING
Feb 2020
TOTAL FUNDING COMMENT
The company is planning to use the fund to make its service even better and to sustain the rapid growth in its customer base. (May 2018)
SEED & PRIOR FUNDING
$1 M
SEED CLOSED ON
Sep 2013
FUNDING SERIES
SERIES A · $10 M · Mar 2014
SERIES B · $20 M · Jun 2015
SERIES C · $20 M · May 2018
OTHERS · $15 M · May 2016
DEBT FUNDING
$22.09 M
LISTED
NO
Innovation Programs
Sign up for a 30- day free trial with MEDICI Inner Circle to follow and track profiles you care about.
Related Companies
Currency Cloud Connect is designed for customers who want to make payments. By accessing the currency Payment Engine via API, customers can automate end-to-end internationa...
Earthport plc, is a cross border payment network, providing solutions for low value payments.
First Remit is an online payment service provider facilitating money transfers around the world.
FOUNDING YEAR:
LOCATION:
Views:
$66 M
About
Azimo is a global payment processing business providing internet and mobile-based inter-country consumer money transfer services.
Azimo
About
Momentum
FUNDED
NO
LISTED
NO
Other