The Headlines – Amazon to acquire fintech startup Axio for about $160 million

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, is awaiting Reserve Bank of India approval. Amazon aims to expand its financial services in India through this acquisition.

The Headlines – Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News – Read More