Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, deepening its push into financial services in one of its fastest-growing markets. The Amazon has agreed to acquire Indian buy now pay later startup Axio.

Tech giant Amazon has signed an agreement to acquire Indian Buy Now Pay Later (BNPL) startup axio, according to a blog post.

Amazon agrees to acquire Bengaluru-based digital lending startup Axio, formerly known as Capital Float, for an estimated enterprise value of $150-160

Amazon acquires Axio for $200M, deepening its roots in fintech and making it the first big tech company with an NBFC license in India.

E-commerce platform Amazon is poised to acquire Bengaluru-based digital lending firm Axio (formerly Capital Float), solidifying its presence in India's growing fintech sector. The deal, finalised in December 2024 after comprehensive due diligence,