Azimo Secures $20M in Series B Funding

azimo logoAzimo, a London, UK-based digital money transfer platform, secured $20m in Series B funding.

The round was led by Frog Capital with participation from MCI Investments, and Greycroft Partners.

The company intends to use the funds to accelerate growth and to continue its pan-European growth and to target new markets in North America and Asia.

Founded in 2012 by CEO Michael Kent, Azimo provides online and smartphone-based money transfer platform allowing people to send money to over 200 countries.

The company’s advisors on this round were FT Partners and Dorsey and Whitney.



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