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Tag Archives: Payments

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Azimo Q&A: ‘In Five Years There Won’t Be Any Western Union Agents’

Azimo Q&A: ‘In Five Years There Won’t Be Any Western Union Agents’

Sending money overseas is big business, and it's just the latest industry to grab the attention of startups looking to make it leaner, more efficient and cheaper for users. Azimo is one of those startups, and the UK-based company has set its sights on Germany. Some 11 million German migrants send home €16 billion Euros in remittance every year, but Germany has the highest fees for money transfer in all of Europe. Azimo is taking on the giants of the industry like Western Union and MoneyGram in a market whch is worth an estimated €101 billion in Europe alone. It recently announced its expansion into Germany at rates which it claims will be 85 percent cheaper than the established players. Azimo alredy had a German connection in the form of seed funding from E.Ventures. Silicon Allee sat down with Michael Kent, CEO and co-founder of Azimo, at the recent NOAH conference in London. Read More »

Task Outsourcing Platform Geoffrey Goes Live Across Germany

Task Outsourcing Platform Geoffrey Goes Live Across Germany

Most startups in Berlin are high tech - but not all of them. We wrote about Geoffrey (then known as AskGeoffrey, and pronounced “Jeff•ree”) earlier this year, and the service is now available to anyone in Germany. Geoffrey works for you: scheduling doctor's appointments, researching an upcoming trip, calling your landlord to discuss home repairs, etc. And it’s not just an army of AI-learned machines doing technological backflips in nanoseconds. Geoffrey is powered by real, local and bilingual people. Read More »

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