Papaya Global Acquires Azimo
March 28, 2022
Papaya Global has agreed to acquire Azimo, the London-based digital cross-border payments service, to expand its payroll payments capabilities and gain multiple payment licences and a global payment network. The deal will bring Azimo's payment licences (UK, Netherlands, Canada, Australia, Hong Kong) and its team into Papaya, enabling faster, near-instant payments to global employees and new payroll-related services for Papaya customers.
- Buyers
- Papaya Global
- Targets
- Azimo
- Industry
- Financial Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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