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  5. Papaya Global Acquires Azimo

M&A Deal Summary

Papaya Global Acquires Azimo

On March 28, 2022, Papaya Global acquired internet software and services company Azimo

Acquisition Highlights
  • This is Papaya Global’s 1st transaction in the Internet Software and Services sector.
  • This is Papaya Global’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2022-03-28
Target Azimo
Sector Internet Software and Services
Buyer(s) Papaya Global
Deal Type Add-on Acquisition

Target

Azimo

London, United Kingdom
Azimo is a provider of digital cross-border payments service. Azimo is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Papaya Global

New York, New York, United States
Category Company
Founded 2016
Sector Internet Software and Services
DESCRIPTION

Papaya Global offers a people, payroll, and payment management solution supporting all types of global employment (payroll, EoR, and contractors) in over 160 countries. The automated, cloud-based SaaS platform provides an end-to-end solution, from onboarding to ongoing management and cross-border payments. Papaya Global was founded in 2016 and is based in New York City.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-17 NickNack

Sacramento, California, United States

NickNack is a platform for organizations, with a set of tools to engage their teams and employees beyond project management. NickNack was founded in 2020 and is based in Sacramento, California.

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