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.

Amazon has announced its acquisition of Axio, an Indian 'buy now pay later' start-up. The deal comes as part of the tech giant's plan to broaden its financial services in India, one of its most rapidly expanding markets, and extend credit facilities to millions of underserved customers in the country.

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,

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 credit offers,