Azimo: Papaya Global to buy Azimo for $150M-$200M to expand its payroll payments to more markets

Six months after raising $250 million, Papaya Global is making a key acquisition to expand its cloud-based HR and payroll platform globally on the heels of major surge in remote working. The Israeli startup is acquiring Azimo - the London-based money transfer business that Facebook once tried to buy to spearhead its own remittance efforts - [...]