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.

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