Azimo partners with Alipay to offer instant money transfer to China
asianbankingandfinance.netAzimo
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Website: azimo.com
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Geography: Europe, South & North America, Africa, Asia
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Industry: Fintech
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Investors: Rakuten, Frog Capital, e.ventures
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Status of investment: Current
Azimo was founded in 2012 by Michael Kent with a mission to challenge the old fashioned, expensive ways of moving money around the world and make international money transfer easier, cheaper and faster. Now, company provides a mobile-based cross-border platform that allows remittance to 190 countries and its total funding over the years amounts to $66 million.
Michael Kent
Founder and Executive Chairman, Azimo
«Its been great to work with GR Capital - they've be instrumental in helping us with Eastern European expertise and market access.»