axio, formerly Capital Float, is a consumer finance company offering pay later, credit and personal finance management under one seamless brand experience. On a mission to make credit worthy for all, axio leverages technology to deliver innovative financial products to millions of individuals across the country, including vast sections of traditionally under-served consumers. axio is the brand name of CapFloat Financial Services Private Limited, a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The company has raised funding from marquee investors such as Elevation Capital (formerly SAIF Partners), Sequoia India, Lightrock, Creation Investments Capital Management LLC, Ribbit Capital, and Amazon.
$20M sweet spot round size
2013
$20M
from 1 investors over 1 rounds
axio raised $20M on September 23, 2024
Investors: Amazon Smbhav Venture Fund