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Azimo's Overview

Total employees49
HeadquartersLondon
Founded2012

Azimo was a global digital money transfer service founded in 2012 with the mission to make sending money internationally faster, cheaper, and easier. Headquartered in London, with key offices in Krakow and Amsterdam, Azimo enabled individuals and businesses to send money to over 200 countries and territories in more than 80 currencies. The platform was known for its user-friendly mobile apps, competitive exchange rates, and extensive payout network. In March 2022, Azimo was acquired by Papaya Global, a global payroll and payments platform, to enhance Papaya's capabilities in delivering global workforce payments. Azimo's team, technology, and payment licenses have since been integrated into Papaya Global's operations, and the Azimo brand is being phased out.

Where is Azimo's Headquarters?

HQ Function

Served as the central hub for strategic decision-making, global operations management, marketing, business development, finance, legal, and HR functions for Azimo's international money transfer services.

Notable Features:

Typically located in modern, open-plan office spaces within tech hubs like Shoreditch, designed to foster collaboration, agility, and innovation. Specific architectural highlights of a single, long-term owned building are unlikely as they often utilized flexible and contemporary office solutions.

Work Culture:

Azimo's work culture was characterized by a fast-paced, entrepreneurial, and customer-centric environment. It emphasized diversity (with employees from many nationalities), collaboration across departments, and a mission-driven approach to disrupting traditional financial services. Employees often described it as dynamic, international, and empowering.

HQ Significance:

London's position as a leading global fintech capital provided Azimo with access to top talent, venture capital, a robust regulatory framework (FCA authorization), and a vibrant ecosystem of partners and competitors, crucial for its growth as an international money transfer service.

Values Reflected in HQ: The choice of dynamic and collaborative workspaces in a global hub like London reflected Azimo's core values of innovation, global connectivity, customer focus, transparency, and agility in the competitive fintech sector.

Location:

Prior to its acquisition by Papaya Global, Azimo had established a significant global presence in the digital remittance market. The service allowed users to send money from over 25 countries, primarily in Europe, to a vast network of over 200 countries and territories worldwide, supporting transactions in more than 80 different currencies. Azimo's payout network was extensive, including options for bank deposits, over 270,000 cash pick-up locations, mobile wallet top-ups, and, in some regions, home delivery of funds. This broad reach made it a key player for individuals sending money to family and friends across borders.

Street Address:

The Frames, 1 Phipp Street (a known past address)

City:

London

State/Province:

England

Country:

United Kingdom

Azimo's Global Presence

Krakow, Poland

Address: ul. Zabłocie 43A, 30-701 Kraków, Poland (a known past address)

Leveraged Poland's strong and growing tech talent pool and relatively cost-effective operational environment to support Azimo's global service delivery, technological innovation, and customer service operations.

Amsterdam, Netherlands

Address: Prins Hendrikkade 21E, 1012TL Amsterdam (a known past address, indicative of presence in a financial hub)

Strengthened Azimo's presence within the European Union, ensuring continued service delivery to EU customers, managing its EU payment institution license, and fostering partnerships within the continental European market.

Buying Intent Signals for Azimo

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Azimo

As of April 2025, Azimo' leadership includes:

Richard Ambrose - Chief Executive Officer (at time of acquisition)
Michael Kent - Co-Founder & Chairman (formerly CEO)
Marek Wawro - Co-Founder & former CTO
Dora Ziambra - Chief Operating Officer
Mark Giltinan - Chief Financial Officer
Adam Goudge - Chief Technology Officer (at time of acquisition)

Investors of Azimo

Azimo has been backed by several prominent investors over the years, including:

Rakuten Capital
e.ventures (now Headline)
Frog Capital
Greycroft
MCI Capital (MCI.TechVentures)
Quona Capital
Silicon Valley Bank (debt financing)
Cambridge Capital Group
GR Capital

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Following its acquisition by Papaya Global (announced in March 2022 and subsequently completed) and the integration of its operations and team, Azimo no longer operates as an independent entity with its own distinct executive team. Therefore, there have been no Azimo-specific executive hires or exits in the last 12 months (from mid-2023 to mid-2024). Leadership roles and changes concerning former Azimo personnel would now be within the context of Papaya Global's broader organizational structure. The primary executive transition occurred around the time of the acquisition.

Technology (Tech Stack) used by Azimo

Discover the tools Azimo uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Azimo Email Formats and Examples

Historically, Azimo, like many tech companies, likely used standardized email formats for its employees. The most common formats generally include combinations of an employee's first name, last name, or initials. While Azimo's email system is no longer active post-acquisition, a common pattern would have been 'first.last@azimo.com'.

first.last@azimo.com

Format

jane.doe@azimo.com

Example

70%

Success rate

News and media

TechCrunchMarch 29, 2022

Papaya Global buys Azimo to build out its payroll payments globally

Papaya Global, the global people, payroll and payments platform, announced it has acquired Azimo, the global digital cross-border payments service. This acquisition will significantly expand Papaya’s capabilities in payroll payments and provide it with payment licenses in the UK, the Netherlands, Canada, Australia and Hong Kong, enhancing its ability to make payments to employees worldwide....more

FinextraOctober 10, 2019

Azimo lands Rakuten Capital investment

Azimo announced a strategic investment from Rakuten Capital, the corporate venture capital arm of Rakuten, Inc. The investment was part of a broader strategic co-operation between the two companies focused on expanding Azimo’s presence in Asia and providing new financial services to Rakuten’s user base. This funding was aimed at accelerating Azimo's growth and further developing its money transfer platform....more

TechCrunchJune 12, 2018

Azimo raises $20M more and appoints Richard Ambrose as CEO to scale up

Azimo, the European digital money transfer service, raised a further $20 million in debt and equity and appointed a new CEO, Richard Ambrose, previously COO. The funding was aimed at helping Azimo scale its operations as it targeted profitability. Co-founder Michael Kent moved to the role of chairman....more

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