Azimo is a payment processing company providing internet and mobile based inter-country consumer money transfer services. The Company aims to offer great rates for its customers and save them money. With Azimo anyone can send and request money domestically or across borders using just a phone number. The Company also offers all its customers the chance to donate a portion of the money they save to charity. 

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2012
Size (employees)
96 (est)-4%
Website
azimo.com
Azimo was founded in 2012 and is headquartered in London, GB

Key People/Management at Azimo

Michael Kent

Michael Kent

CEO and Founder
Marek Wawro

Marek Wawro

Co-Founder / CTO
Jakob Wrulich

Jakob Wrulich

Head of Finance
Marta Krupinska

Marta Krupinska

Co-Founder & General Manager

Azimo Office Locations

Azimo has offices in London and Kraków
London, GB (HQ)
173 Upper Street, N1

Azimo Financials and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$46.6 m

Latest funding size

$15 m

Time since last funding

over 1 year

Investors

Azimo's latest funding round in May 2016 was reported to be $15 m. In total, Azimo has raised $46.6 m

Azimo Financials

Azimo's revenue was reported to be £4.2 m in FY, 2016 which is a 101% increase from the previous period.
GBP

Revenue (FY, 2016)

4.2 m

Revenue growth (FY, 2015 - FY, 2016), %

101%

Gross profit (FY, 2016)

2.7 m

Gross profit margin (FY, 2016), %

64%

Net income (FY, 2016)

(6.8 m)

EBITDA (FY, 2016)

(6.7 m)

EBIT (FY, 2016)

(6.7 m)

Cash (30-Jun-2016)

11.8 m
GBPFY, 2015FY, 2016

Revenue

2.1 m4.2 m

Revenue growth, %

101%

Cost of goods sold

589.7 k1.5 m

Gross profit

1.5 m2.7 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

728.4 k3.1 m10.6 m11.8 m

Accounts Receivable

6.2 k1.6 k

Current Assets

789.4 k4 m11.3 m14.7 m

PP&E

168.4 k33.8 k126.6 k229.9 k
    GBPFY, 2015FY, 2016

    Net Income

    (4.8 m)(6.8 m)

    Cash From Operating Activities

    (4.1 m)(7.1 m)

    Cash From Financing Activities

    12.1 m8.5 m

    Net Change in Cash

    7.4 m1.3 m
      GBPY, 2016

      Revenue/Employee

      63.1 k

      Debt/Equity

      0.1 x

      Financial Leverage

      1.3 x
      Show all financial metrics
      Azimo's employees are reported to be approximately 40% female and 60% male.
      Show all human capital metrics

      Azimo's Web-traffic and Trends

      Azimo Online and Social Media Presence

      Azimo Company Life and Culture

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