EIB agrees €20m financing to Azimo

Region:

Europe

The European Investment Bank (EIB) and European digital cross-border money transfer group Azimo have announced a €20 million debt agreement.

The loan will help Azimo accelerate its expansion, including the development of its proprietary automated payments platform. The financing is supported by the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan for Europe.

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