Amazon to acquire Bengaluru-based BNPL startup Axio, sources say for $150M+; Axio raised $135M in equity, claims to have 10M+ customers, and a $260M+ loan book
At axio, we've been on a mission to make credit worthy for customers across India. Supriya Roy / Times of India : Amazon to acquire fintech startup Axio for about $160 million The Paypers : Amazon acquires Indian BNPL startup Axio for USD 150m Akshita Toshniwal / YourStory.com : Amazon acquires BNPL startup Axio Moneycontrol : Amazon to acquire digital lending firm Axio, awaits regulatory approval Harsh Upadhyay / Entrackr : Axio confirms acquisition agreement with Amazon Ajay Ramanathan / VCCircle : Amazon Buys Fintech Axio But Few VC Investors Emerged As Winners