Amazon to buy Indian BNPL startup Axio for over $150M

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 e-commerce group, which has held an equity stake in Axio for six years, signed the acquisition agreement in December after completing due diligence, the Indian startup said in a blog post. Financial […] © 2024 TechCrunch. All rights reserved. For personal use only.

Jan 16, 2025 - 09:40
Amazon to buy Indian BNPL startup Axio for over $150M

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 e-commerce group, which has held an equity stake in Axio for six years, signed the acquisition agreement in December after completing due diligence, the Indian startup said in a blog post. Financial […]

© 2024 TechCrunch. All rights reserved. For personal use only.