Every Friday, we highlight a company that received funding that week. Some are pretty out there. Some might change the world. Take a look!
An online payments platform headquartered in London, Azimo aims to make international money transfers cheaper, faster and more secure. Launched in 2012, the company allows users to electronically send money to over 190 countries around the world via direct deposits or designated cash pick-up points.
Latest financing: $20M, Series C
Capital raised to date: $65.25M (does not include grant funding)
Investors: GR Capital, Silicon Valley Bank, Greycroft, Infinity Venture Partners, Rakuten Capital, Frog Capital, MCI Capital, Quona Capital and 13 other firms
Status: Generating revenue