Based in London and Krakow, Azimo is a digital money transfer service, whose mission is to be the better way to share money around the world, improving millions of people’s lives. In the latest development, the company has partnered with Ripple, the enterprise blockchain solution for global payments.Â
Notably, Azimo has launched its first service using Ripple’s On-Demand Liquidity solution (ODL) to send faster and cheaper cross-border payments to the Philippines, with plans to expand to more markets in 2020. The Philippines is one of the top remittance destinations globally, receiving $34 billion in 2018.