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
What's Hot
B2B management software Wazoku closes £750,000 growth capital
What's Hot
OpenText Expands Latin American Presence with New Offerings and Locations in Brazil
What's Hot
Sage 100 ERP 2014 Enables Businesses to Increase Revenue
Mobile Commerce
Levi’s Appoints Walmart exec Marc Rosen as eCommerce Boss
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
What's Hot
B2B management software Wazoku closes £750,000 growth capital
Uncategorized
European Ministers Approve E-invoicing Standard for Public Sector
What's Hot
OpenText Expands Latin American Presence with New Offerings and Locations in Brazil
What's Hot
Sage 100 ERP 2014 Enables Businesses to Increase Revenue
View All Articles ››