Acquisition Potential Azimo recently acquired by Papaya Global, potentially opening up opportunities for cross-selling financial solutions to Azimo's existing customer base.
Expansion Opportunities Launch of new money transfer services to Pakistan and instant remittance service to Turkey suggests a strategic focus on expanding into diverse markets, presenting potential sales growth avenues.
Competitive Analysis Identified as a competitor of Wise and with a revenue range comparable to other key players in the market, Azimo's positioning underscores opportunities for competitive differentiation and market penetration strategies.
Technology Integration Utilization of tech stack including Apache Kafka and Ruby on Rails indicates a strong technological foundation, providing opportunities to leverage advanced tools in developing innovative financial products for customers.
Customer Reach With a revenue in the range of $10M - $50M and a focus on making money transfers affordable for individuals, Azimo appeals to a demographic seeking cost-effective solutions, indicating potential for tailored marketing approaches to attract new customers.
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$100M$1BAzimo uses 8 technology products and services including Apache Kafka, SQLite, MySQL, and more. Explore Azimo's tech stack below.
| Azimo Email Formats | Percentage |
| First.Last@azimo.com | 74% |
| First@azimo.com | 22% |
| Last@azimo.com | 3% |
| First.Middle@azimo.com | 1% |
Financial ServicesLondon, United Kingdom51-200 Employees
Imagine if your bank took 7% of every transfer you made. Sounds crazy, doesn't it? And yet it's reality for hard-working people who send money abroad. Azimo was founded in 2012 with a strong social purpose: to make it cheaper and easier for people to support their loved ones back home.
Company Overview
Media & News
Funding & FinancialsAzimo has raised a total of $22M of funding over 7 rounds. Their latest funding round was raised on Feb 04, 2020 in the amount of $22M.
Azimo's revenue is in the range of $10M$50M
Funding & FinancialsAzimo has raised a total of $22M of funding over 7 rounds. Their latest funding round was raised on Feb 04, 2020 in the amount of $22M.
Azimo's revenue is in the range of $10M$50M
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