Amazon has completed the acquisition of Axio (formerly Capital Float), one of India’s leading digital lending and checkout finance providers, after securing regulatory approval from the Reserve Bank ...

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File photo of Sashank Rishyasringa (left) and Gaurav Hinduja, founders of Axio. The fintech company started in 2013 as Capital Float. Chennai: In early September, Amazon received regulatory approval ...

Amazon (NASDAQ:AMZN) has finalized its acquisition of Bengaluru-based digital lending startup Axio, formerly known as Capital Float. As reported by local sources, the deal, completed eight months ...

Axio, a 12-year-old fintech firm, reported a loan book of Rs. 22 billion ($251.4 million) for the quarter ending June 2025, according to co-founder Gaurav Hinduja. Amazon has finalised its acquisition ...

Amazon on Thursday announced that it has completed the acquisition of non-banking financial services company axio, formerly known as Capital Float, after receiving approval from the Reserve Bank of ...

E-commerce firm Amazon on Thursday (September 4, 2025) said it has completed the acquisition of non-banking financial services firm axio, formerly Capital Float, after getting approval from the ...

MediaNama’s Take: With the acquisition of fintech company Axio, e-commerce giant Amazon has added a Non-Banking Financial Company (NBFC) licence to its cart. The buyout is significant from Amazon’s ...

Amazon has acquired digital lending platform Axio in a $200 million all cash deal. The acquisition gives Amazon an NBFC licence in India for its fintech expansion. Axio will continue to operate ...

Amazon.com Inc. has completed the acquisition of Bengaluru-based checkout financing startup Axio after securing approval from the Reserve Bank of India (RBI), marking one of the largest deals for ...

MUMBAI, Sept 4 (Reuters) - Amazon (AMZN.O), opens new tab said on Thursday that it has completed the acquisition of Bengaluru-based non-banking lender Axio for an undisclosed amount, securing access ...