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United Kingdom
2012 (14 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Azimo
Company Information
Get to know Azimo
Founded in 2012 and headquartered in London, Azimo was a financial technology company focused on making international money transfers cheaper, faster, and easier. The company's mission was to use technology to disrupt the traditional remittance industry, which was often characterized by high fees and slow service. Azimo allowed users to send money from Europe to over 200 countries and territories via its website and mobile app, offering various payout options including bank deposits, cash pickup, and mobile wallets. In March 2022, Azimo was acquired by Zepz, the parent company of WorldRemit and Sendwave. Subsequently, Azimo's direct services were wound down, and its operations were integrated into the broader Zepz group, with the service officially closing to customers on August 31, 2023.
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