Axio

Amazon to acquire digital lender Axio (Capital Float)

Amazon to acquire digital lender Axio (Capital Float)

16 Jan 2025, 21:53 PM

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, 13:56 PM

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

Fintech Hightlights

  1. GST raids InsuranceDekho head office: report

  2. Infinity Fincorp raises $35 million from Jungle Ventures, others

  3. Merchant payments firm Mintoak secures secondary funding round

  4. UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

  5. KredX gets RBI nod to launch TReDS platform
  6. Read more highlights...

Editor's Pick

  1. Exclusive: Adani inks deal with BharatPe

  2. The curious case of Jammu-Based NBFC, 'Mahashakti Financiers'

  3. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama