FINTECH STARTUP AZIMO JOINS BORIS JOHNSON’S TRADE MISSION TO SOUTH-EAST ASIA

November 19, 2014, London – Azimo, the online money transfer service, has been selected as one of the UK’s leading FinTech startups to join Boris Johnson on the Mayor of London’s trade mission to Malaysia and Singapore departing on the 26th of November.

Azimo have been lowering the cost of sending money around the world and have this week announced a number of new services to Indonesia, China, Malaysia and Singapore, including a £1 fixed fee to transfer any amount to those countries.

Azimo already enables customers to send money to 198+ countries and for cash pick-up in nearly 300,000 locations around the world and are pursuing further global expansion in 2015.

The trade mission organised by The Mayor’s Export Programme (MEP) in partnership with UKTI, connects high growth British businesses with leading players in the region including commercial partners and investors.

Mayor of London, Boris Johnson, said: “This is a fantastic opportunity for London businesses like Azimo to explore trade opportunities in Southeast Asia and to expand their networks. I want to encourage even more London companies to benefit from exporting to this dynamic, growing market, building on the strong existing ties with the UK.”

Michael Kent, CEO of Azimo believes in providing hard working migrants a convenient and good value service: “Trade missions are important – it’s not just about a selfie with Boris; we’re meeting potential new partners and securing better deals for our customers. With Azimo’s service now available to over 350 million people across Europe, allowing them to send money to over 5 billion people around the world, we’re opening up access to low-cost and reliable online money transfers. But there is always more we can do and countries like Malaysia, The Philippines, Vietnam, Singapore and Indonesia with their rocket economies represent interesting new market opportunities for us,” said Kent.

In addition to Azimo’s normal low-cost services, customers will get their first transfer FREE by using promotional code TRADEBORIS.

Registering to use Azimo is free and takes just a few seconds from your phone using your email address or Facebook profile.