Papaya Global Ltd. agreed to acquire Azimo Limited on March 28, 2022. Post completion of the acquisition, two companies will continue to operate independently until closing. All Azimo employees will join Papaya. The acquisition is subject to standard closing conditions, including regulatory approval from the Financial Conduct Authority and the De Nederlandsche Bank and is expected to complete later this year.

David Marshall, Sheena McCaffrey, Dan Jones, Neil Coulson, Melanie Henson, Jon Lobb and Graham Brough of Baker Botts L.L.P. acted as legal advisor to Azimo and Michal Bobrzynski, Naomi Feinstein, Anna Halas-Krawczyk, Graham Iversen, Wietse de Jong, Maciej Kacymirow, William B. Mack, Emma L. Menzies, Ewen Mitchell, Jolanta Nowakowska-Zimoch, Ben Saunders, Gillian Sproul, Thomas Timmermans, Jamie Ball, Jaroslaw Fejdasz, Carsten Kociok, Sarah Moyles, Ricarda Seifert, Calum Young and Bas Vletter Greenberg Traurig, LLP acted as legal advisor to Papaya Global.

Papaya Global Ltd. acquired Azimo Limited on March 28, 2022.