Axio Raises $20M from Amazon's Venture Fund for Expansion - Funding Raised

Axio Raises $20M from Amazon’s Venture Fund for Expansion

Online lending platform axio (formerly Capital Float) has secured $20 million from Amazon’s Smbhav Venture Fund. The funds will drive growth, scale lending operations, and expand credit products. Axio has reached $1 billion in annualized disbursals and maintains a low NPA ratio of 2-3%.

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