Print is not allowed
logo
subscribe sign in
  • Deepdives
  • Explainer
  • News
  • AI/Emerging Tech
  • Money Trivia
  • Report

Axio

Amazon to acquire digital lender Axio (Capital Float)

Amazon to acquire digital lender Axio (Capital Float)

17 Jan 2025, 02:22 AM

Once the acquisition receives regulatory approval, it will make Amazon the first big tech company in India to gain access to an NBFC license through Axio.

Exclusive: Amazon-backed Axio closing $20 million fundraise

Exclusive: Amazon-backed Axio closing $20 million fundraise

22 Aug 2024, 17:26 PM

The Bengaluru-based Axio (previously known as Capital Float) is close to securing $20 million in a new equity round.

Fintech Highlights

  1. Eduvanz co-founder Raheel Shah steps down

  2. Dhoni's investment firm backs insurtech startup Acko

  3. Zaggle buys Rio Money to enter credit card on UPI space

  4. Ajay Seth appoited as new IRDAI chief

  5. Go Digit net profit up 37% to Rs 138 crore in April-June

  6. Read more news...

AI/Emerging Tech

  1. OpenAI launches study mode in ChatGPT amid brain rot backlash

  2. Skild AI launches general-purpose AI model for multi-purpose robots

  3. Groq nears $600 million funding at around $6 billion valuation

  4. Anthropic close to raising fresh funding at $170 billion valuation

  5. Tesla inks $16.5 billion deal with Samsung for AI chips

  6. Read more news...

Editor's Pick

  1. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  2. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained

Sign up for concise summaries of powerful fintech insights delivered straight to your inbox every time we publish.

logo

Building the newsroom of record for Fintech and Emerging tech.

Follow us on

twitter linkden
about us terms and conditions privacy policy refund policy partner insights guidelines subscribe

Copyright 2025 @ Head and Tale Media Pvt Ltd

Design and Developed by Blumox Technologies