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Capital Float

Amazon to acquire digital lender Axio (Capital Float)

Amazon to acquire digital lender Axio (Capital Float)

17 Jan 2025, 02:23 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 Hightlights

  1. PayU appoints former RBI deputy governor, others to board

  2. Zerodha's NBFC unit posts Rs 36 crore revenues, Rs 12.5 crore net profit for FY25

  3. OfBusiness' lending unit Oxyzo posts increase in FY25 revenue, profit

  4. PayPal, Worldline get RBI approval to operate as cross-border PA

  5. MSME lender Saarathi Finance raises Rs 350 crore in funding

  6. Read more highlights...

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  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

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