Fintech startup Axio raised $20M in an equity funding round led by Amazon Smbhav Venture Fund to drive growth and scale lending operations.
Amount Raised
$20 Million
Round Type
Venture
BengaluruFinanceFintechInvestors
Description
Fintech lending startup Axio has successfully raised $20 million from Amazon Smbhav Venture Fund. The funds will be utilized to enhance lending operations and introduce new credit products to customers.
Quick answer
axio raised $20 Million in a funding round, dated August 23, 2024. Investors: Amazon Smbhav Venture Fund. axio is based in Bengaluru, Karnataka, India.
- How much did axio raise?
- axio raised $20 Million in a funding round on August 23, 2024.
- Who invested in axio?
- Amazon Smbhav Venture Fund is named as investors in this round.
- What does axio do?
- axio, formerly Capital Float, is a consumer finance company offering pay later, credit and personal finance management under one seamless brand experience.
- Where is axio based and how big is it?
- axio is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at axio?
- Fundz holds 1 contact at axio. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as axio that raised within 45 days of this round, from Fundz verified event records.
- Beeline Holdings raised $56M on October 7, 2024.
- Zepz raised $267M (Funding Round) on October 4, 2024.
- Salmon Group raised $30M (Series A) on October 4, 2024.
- Connected Data raised $2.9M (Seed) on October 3, 2024.
- BMLL raised $21M (Funding Round) on October 1, 2024.
- RD Technologies raised $7.8M (Series A) on September 30, 2024.
Who to call at axio, and when
A new round usually means axio is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day axio raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at axio, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at axio. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment axio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
axio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.