Azimo: Opens Turkish remittance corridor

Azimo: Opens Turkish remittance corridor

  • Azimo founded in 2012 with a strong social purpose to make it cheaper and easier for people to support their loved ones back home
  • High fees, terrible exchange rates, and three-day delivery times leave many wondering whether flying to Istanbul
  • That ended after Europe’s leading digital money transfer service, announced the launch of an instant remittance service to Turkey
  • That’s thanks to a partnership with United Payment, Turkey’s leading payments services provider
  • The new service allows customers living in the UK, Europe, Canada, and Australia to send money to Turkey in a matter of seconds
  • New customers receive two fee-free transfers to try the service using the award-winning website and mobile apps
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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