Axio: Axio, formerly known as Capital Float, is a leading consumer finance company based in India. With the slogan "India’s premier consumer finance company offering pay later, credit and personal finance management," axio offers a seamless brand experience by providing pay later, credit, and personal finance management services. The company's mission is to make credit accessible to all by leveraging technology to deliver innovative financial products to millions of individuals, including traditionally underserved consumers.
Founded in: 2013
Industries: Financial Services
Headquarter: India
Axio, under the brand name CapFloat Financial Services Private Limited, is a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The company has garnered significant support from renowned investors, including Elevation Capital (formerly SAIF Partners), Sequoia India, Lightrock, Creation Investments Capital Management LLC, Ribbit Capital, and Amazon. Despite the absence of specific information on the most recent investment, Axio's strong investor backing and its commitment to leveraging technology in the consumer finance space make it a compelling player in the Indian financial services industry.
Taxonomy:
Consumer Finance, Pay Later, Credit, Personal Finance, Financial Technology, NBFC, Technology-driven Finance, Financial Inclusion, Digital Lending, Underbanked Consumers, E-commerce Financing, Investment, Digital Payments, Tech-enabled Financial Services