Here’s a look at some of the press coverage we received from FinovateEurope last week:
Azimo
Finovate Alumni News — February 19, 2013
- Rescuecom highlights TransferWise as low cost, currency conversion option.
- Acculynk‘s Payzur brings person-to-person payments to consumers on PULSE debit/ATM network.
- Compass Plus helps Russian-based FI SwitchMaster reach processing benchmark.
- ekmPowershop announces partnership with EZBOB.
- American Banker reports: Planwise to Participate in Yodlee’s Incubator Program.
- BillHighway hires new CFO.
- Arroweye Solutions reports 40% growth due to 175% uptick in open loop card production, added 27 new clients in 2012.
- Fuze Network now guarantees no late fees.
- Bill.com to provide Frantopia with accounting services.
- Prosper unveils new protection for lenders.
- The Next Web reports: Tradeshift adds support for accounting services Sage and Kashflow, helping businesses get paid.
- Forbes considers how SoMoLend provides capital to small businesses.
- VentureBeat reports SecondMarket is partnering with CircleUp to allow investors to invest in up-and-coming consumer product businesses.
- Thomaston Savings Bank selects Q2ebanking’s full suite of ebanking solutions.
- HiddenLevers launches portfolio stress testing app to help advisors generate leads.
- Fiserv awarded Best-in-Class rating in 2012 Anti-Money Laundering Technology Review.
- Gifting app Wrapp selects Braintree to power payments.
- Social Commerce Today features Azimo.
- FIS launches new P2P platform.
- Pageonce adds person-to-person payment functionality to mobile app.
Simple and Secure: Azimo Unveils Social Sending Strategy
And they’re off!
“Azimo is a digital international money transfer service. We offer a simple, secure, fast, and inexpensive way to send money from a mobile or PC to friends and family in over 125 countries around the world.Recipients can receive funds in any bank account or from over 150,000 cash collection points. Senders can fund their money transfer with a debit card or bank account using their social media account to speed up the process.”
Product Launched: August 2012
Angel Investing Round Earns Azimo £300,000
Money transfer start-up Azimo is beginning the year with positive news on the funding front. The company just announced £300,00 ($480,000 USD) in angel investment.
Although the complete list of investors is undisclosed, among them is Matt Cooper according to reporting in The Next Web. Cooper is chairman of Octopus Investments. Before that, he was principal managing director of Capital One Bank.
Based in the U.K., Azimo serves the growing population of foreign-born residents in Great Britain by providing a means to send money to any bank account or to send cash to 150,000 locations around the world. Azimo processes payments faster than banks traditionally do – between 2 and 24 hours compared to three to five days – and launched its mobile app last September.
See Azimo in action at FinovateEurope in February. More information available here.
Finovate Alumni News– January 18, 2013
- American Banker reports: ImpulseSave Launches Chrome Plugin to Encourage Savings.
- SaveUp allows users to vote for potential prizes.
- SmartyPig introduces the SmartyPig OneClick Chrome extension.
- Get Rich Slowly blog features Tuition.io.
- Forbes covers Virtual Piggy, calling it PayPal for Kids. Come see Virtual Piggy demo at FinovateEurope.
- Springwise features Movenbank. Come to FinovateEurope and see Movenbank’s live demo of its new platform.
- American Banker reports: STAR Financial Bank Rolls Out PFM Software from MoneyDesktop.
- Virgin Mobile, C Spire test BillFloat as financing option.
- Mastercard moves to ease EMV migration within U.S.
- Azimo announces £300,000 ($480,000 USD) angel investment round. Come see their demo at FinovateEurope in February!