Announced

Completed

Papaya completed the acquisition of Azimo.

Synopsis

Papaya, a developer of a global workforce management platform, completed the acquisition of Azimo, a developer of an online platform designed to provide a better way to transfer money around the world. Financial terms were not disclosed. “We can’t wait to join forces with Papaya to make it even easier for workers to get paid anywhere in the world. Papaya’s customers will benefit hugely from our long experience in building payment technology and operating as a regulated payments business," Richard Ambrose, Azimo CEO.

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