Azlo

Founded in 2017 as part of BBVA's New Digital Businesses unit, Azlo was a financial technology company that provided fee-free online banking services tailored to the needs of modern small business owners, entrepreneurs, and gig economy workers. Its core product was a digital business checking account with no monthly fees or minimum balance requirements, accessible through a mobile and web application. The platform also included integrated tools for invoicing, bill pay, and money transfers. In January 2021, Azlo announced it would be closing down as a result of a strategic decision by its parent company, BBVA USA, which was in the process of being acquired. Azlo officially ceased all operations on March 31, 2021.