Azimo Overview
- Founded
-
2012

- Status
-
Acquired/Merged
- Employees
-
131

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$175M
Azimo General Information
Description
Developer of an online platform designed to provide a better way to transfer money around the world. The company's platform allows users to send money either to a bank account or to over its various cash pick-up points around the world and is accessible via smartphone, tablet or desktop and even through social media applications, enabling customers to send money to various countries from any internet-connected device in a secure and efficient manner.
Contact Information
Website
www.azimo.com
Formerly Known As
Ping Mobile Services
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Parent Company
Primary Office
- 107 Cheapside
- London EC2V 6DN
- England, United Kingdom
Azimo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 04-Apr-2022 | $175M | 000.00 | 00000 | Completed | Profitable |
8. Debt - General | 04-Feb-2020 | 000.00 | 000.00 | Completed | Profitable | |
7. Later Stage VC | 05-Jun-2019 | 00.000 | 000.00 | 00000 | Completed | Generating Revenue |
6. Later Stage VC (Series C) | 29-May-2018 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
5. Early Stage VC (Series B1) | 05-May-2016 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
4. Early Stage VC (Series B) | 19-May-2015 | 000.00 | 000.00 | 000.00 | Completed | Startup |
3. Early Stage VC (Series A) | 12-Mar-2014 | 00.000 | 00.00 | 0000 | Completed | Startup |
2. Seed Round | 30-Sep-2013 | $1.5M | $1.98M | 00.000 | Completed | Startup |
1. Angel (individual) | 18-Jan-2013 | $483K | $483K | Completed | Startup |
Azimo Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
C Preferred | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
C Preferred | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
B Preferred | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
B Preferred | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Ordinary | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
A Preferred | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Ordinary | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Ordinary | 3,099,000 | $0.000001 | $0.16 | $0.16 | 1x | $0.16 | 3.67% | |
Ordinary | 7,780,000 | $0.000001 | $0.01 | $0.01 | 1x | $0.01 | 9.22% |
Azimo Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of an online platform designed to provide a better way to transfer money around the world. The company's platf
Financial Software
London, United Kingdom
131
As of 2022
000.00
0000
0000-00-00
000000&0
000.00
Azimo Competitors (47)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Satispay | Venture Capital-Backed | Milan, Italy | 000 | 00000 | 00000000000 | 00000 |
00000000.000 | Venture Capital-Backed | London, United Kingdom | 0000 | 00.000 | 00000000000 | 00.000 |
000000 | Venture Capital-Backed | London, United Kingdom | 000 | 00000 | 000000 - 000 | 00000 |
0000 (000000000 00 | Formerly VC-backed | London, United Kingdom | 0000 | 00000 | 000000 - 000 | 00000 |
0000000 | Private Equity-Backed | Ottawa, Canada | 00 | 000000000000 |
Azimo Executive Team (21)
Azimo Signals
Azimo Former Investors (26)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Accion | Venture Capital | Minority | 000 0000 | 000000 0 | |
Anthemis | Venture Capital | Minority | 000 0000 | 000000 0 | |
Craigie Capital | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
European Investment Bank | Investment Bank | 000 0000 | 000000 0 | ||
Frog Capital | Venture Capital | Minority | 000 0000 | 000000 0 |