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Power Law company profile

Azimo

Fintech · London, United Kingdom · Founded 2012

Azimo is a financial technology company that specializes in providing fast and affordable global money transfer services. Founded in 2012, Azimo leverages technology to democratize financial services, making them accessible and cost-effective for everyone. The company serves a diverse range of clients, including individuals sending remittances to family members abroad, businesses paying freelancers overseas, and expatriates managing finances across borders. Operating in the international remittance market, Azimo competes with traditional banks and other fintech companies by offering lower fees and faster transfer times. The business model is primarily transaction-based, earning revenue through service fees on each money transfer. Azimo's platform supports transfers to more than 200 countries and territories worldwide, facilitated through its award-winning iOS and Android apps. The company has secured regulatory licenses in multiple jurisdictions, including the Netherlands, to ensure compliance and security. By focusing on user-friendly technology and competitive pricing, Azimo aims to improve the financial well-being of millions of people globally. Keywords: fintech, remittances, global transfers, mobile apps, low fees, fast service, international payments, regulatory compliance, financial inclusion, technology-driven.