London-based fintech Azimo just raised $22 million in venture debt from the European Investment Bank to tackle the $700 billion remittances market

London-based fintech Azimo just raised $22 million in venture debt from the European Investment Bank to tackle the $700 billion remittances market

Business Insider

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· *UK-based fintech Azimo has brought in 20 million euros ($22 million) from the European Investment Bank (EIB) as part of a venture debt facility. *
· *The EIB approached Azimo about the money which was raised to support the startup's growth in Europe and especially at its facility in Poland. *
· *Azimo, which claims to...

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