Papaya Global, the international payroll management company, has agreed to acquire Azimo, the global digital cross-border payments service, the Tel Aviv company announced Monday (March 28). The terms of the deal were not disclosed. The acquisition of Azimo is expected to expand Papaya’s payroll payments capacity...
Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports on Tuesday (Feb. 4). The funds will be used to advance its proprietary payments platform as well as to expand research and development....
Digital money transfer company Azimo plans to promote COO Richard Ambrose to CEO, as Founder Michael Kent is moving from the CEO role into the executive chairman position, the company said in a release. “I am immensely proud of the sustained growth and success of...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mexico‘s Banco BASE selecting Volante Technologies Inc. for international and domestic payments. Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic...
March 28, 2022
Papaya Global, the international payroll management company, has agreed to acquire Azimo, the global digital cross-border payments service, the Tel Aviv company announced Monday (March 28). The terms of the deal were not disclosed. The acquisition of Azimo is expected to expand Papaya’s payroll payments capacity and help companies manage their remote workforce, the company said. […]
February 04, 2020
Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports on Tuesday (Feb. 4). The funds will be...
August 28, 2019
Digital money transfer company Azimo plans to promote COO Richard Ambrose to CEO, as Founder Michael Kent is moving from the CEO role into the executive chairman position, the company...
April 27, 2017
Azimo, the U.K. money transfer startup that has the backing of Rakuten, is reportedly launching a new feature that enables users to easily send money via the app. According to...
