UK Money Transfer Service Secures Funding, Expands Operations

What's Next In Payments®
6:12 PM EDT January 20th, 2013

Azimo, a money transfer service based in the UK has announced it has secured £300,000 investment to expand its operations. Azimo allows users to transfer money across 125 countries for a small charge, via the company’s website or a mobile app, available on iOS or Android. Azimo also allows users to use their Facebook account to send money to friends. Like other money transfer services, users can send funds directly to an account or to one of the 150,000 payout locations across the world.

Read the full story here.

Comments
Also by This Author
What's Hot
Merchant Innovation
Apple’s New Retail Chief To Start Next Week
Merchant Innovation
Prime Pantry Lets Amazon Customers Ship Groceries For a Flat Fee
Mobile Commerce
800 Million iTunes Accounts … And Then What?
Company Spotlight
Court Dismisses 3 Card Issuers From Decade-Old Arbitration Case
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Acquiring
TSYS Drops Japan And Focuses On New Deals
Merchant Innovation
Apple’s New Retail Chief To Start Next Week
Merchant Innovation
Prime Pantry Lets Amazon Customers Ship Groceries For a Flat Fee
International
What Can $698M Do To Innovate African Entrepreneurship?
View All Articles ››