“Can a licensed cross-border remittance infrastructure become the compliant payment rail for global workforce payroll at scale?”
Founded in 2012 as a consumer remittance service targeting migrant workers sending money home, Azimo built a licensed cross-border payments infrastructure operating in 8+ countries with top-tier regulatory approvals in the UK and EEA. In March 2022, Azimo was acquired by Papaya Global, pivoting from a consumer-facing remittance app to the B2B payments backbone for Papaya Global's global workforce management platform — processing payroll and compliance payments directly to workers and local authorities across multiple currencies on local rails.