Amazon agrees to acquire Bengaluru-based digital lending startup Axio, formerly known as Capital Float, for an estimated enterprise value of $150-160 million. Axio, which provides pay-later and ...

E-commerce major Amazon has signed an agreement to acquire fintech lending start-up Axio, formerly Capital Float. “In December, after successful completion of due diligence, we signed an ...

2,200 crores. E-commerce giant Amazon is set to acquire fintech lending startup Axio (formerly Capital Float), further expanding its financial services footprint in India. Axio said in a blog post ...

The Bengaluru-headquartered startup, formerly known as Capital Float, has so far raised $135 million from investors including Peak XV Partners, Ribbit Capital, and Elevation Capital over the years.

E-commerce major Amazon is set to acquire Bengaluru-based digital lending firm Axio (formerly Capital Float). The deal, finalised in December following due diligence, now awaits regulatory approvals.

While financial details of the deal remain undisclosed, Axio—formerly known as Capital Float—has raised $137 million in equity and $671 million in debt and is valued at at approximately $201 ...

Axio, formerly known as Capital Float, has a non-banking financial company (NBFC) license from the RBI and with this acquisition, Amazon will become the first big tech company to get this license.

Ecommerce giant Amazon has signed an agreement to acquire fintech lending startup Axio, formerly Capital Float. "In December, after successful completion of due diligence, we signed an agreement ...

The transaction will now await the required regulatory approvals," Axio said in its blog. Axio, formerly known as Capital Float, started in 2013 and has assets under management worth Rs 2,200 crore.

Amazon is set to acquire Bengaluru-based fintech firm Axio, enabling the e-commerce giant to expand credit-based offerings to its customers in India. Information about the deal size and shareholding ...

Ranjan Pai-backed lending startup Finnable is set to raise INR 30.5 Cr (about $3.5 Mn) in a Series B funding round ...