EIB and Azimo: Sign EUR20 million debt venture deal
- Azimo has built a payout network of 20 000 local banks in more than 200 countries and territories
- Sign EUR 20 000 000 venture debt deal to accelerate the company’s R&D and scale up its proprietary payments platform
- Project builds critical European payment infrastructure and also helps to develop Polish fintech sector
- Azimo supports UN Sustainable Development Goals of financial inclusion and also inequality reduction by offering fast
- The financing supported by the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan for Europe
- The loan will help Azimo accelerate its expansion, including the development of its proprietary automated payments platform
