Azimo, a European digital money transfer company based in London and Krakow, on Wednesday announced its expansion into Europe by opening a new office in Amsterdam. Azimo said the location will help him grow his share of the global cross-border payments market.
Azimo also revealed that he is joining a number of other British fintechs who have established a presence in the Dutch capital. While sharing more details on the new office, Michael Kent, CEO of Azimo, said:
“The Netherlands has a thriving fintech industry with an ecosystem that facilitates the growth of our European business than anywhere else outside of London. Amsterdam is a great capital that attracts talent from all over the world, while the Dutch central bank is a powerful regulator that is receptive to innovation and new business models and already oversees many payment institutions. It is an excellent place to continue our expansion in Europe.
As stated previously, Azimo was founded in 2012 and claims it is the best way to transfer money around the world. The company noted that it is fast, secure, easy, and users can perform all money transfer services online or on mobile devices.
“WWe were created with the explicit mission of reducing the costs of sending money to you. So more money can reach the people, families, communities and even countries that need it. “
Azimo went on to note that the Amsterdam office will grow as the company’s business in Europe continues to grow. Azimo currently allows payments in more than 80 currencies to more than 200 countries and territories, reaching more than 5 billion potential customers. It also offers a wide variety of payment methods including cash withdrawal, bank deposit, and mobile wallet payment. The company added that its services have more than 1.5 million registered customers worldwide.