Money transfer firm Azimo raises $20M, taps Facebook connection

Azimo, the UK mobile remittance firm with links to Facebook, raised $20 million for expansion into mainland Europe. The firm, which is reported as now having a $100 million valuation, is looking to the larger countries on the continent. “We’re …

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WorldRemit to use some of bumper $100M round to expand partnerships with operators

Mobile remittance firm WorldRemit raised $100 million in a Series B funding round led by Technology Crossover Ventures (TCV), with participation from existing investor Accel Partners. The UK firm offers smartphone and web-based money transfers and has built up a …

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Transferwise lands $58M backing from Andreessen Horowitz and others

UK company Transferwise received a $58 million infusion from a number of investors, including leading US VC outfit Andreessen Horowitz, in a round that has left the money transfer firm with a hefty valuation. The firm — one of a …

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WorldRemit eyes $100M funding round – report

UK firm WorldRemit, which enables remittances to be sent and received via mobile devices, is hoping for another blockbuster fundraising round, according to The Sunday Times. Following a $40 million investment by Accel Partners in March this year, the firm …

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