Introduction to Azimo - Presentation by Michael Kent, Co-Founder & CEO of Azimo at the NOAH 2013 Conference SevenVentures Pitch Day in London, Old Billingsgate on the 14th of November 2013.
14. We can change the World…
“If the transaction costs on remittances
worldwide were cut from where they are today at
around 10% to an average of 5%....
…it would unlock $15bn a year in poor countries”
15. We will change the World…
“If the migrants in Germany sent their remittances
home with Azimo at prices of 2.4% rather than
the German market average of 11%...
…it would unlock $1bn+ a year in poor countries”