In a significant move poised to reshape the landscape of consumer finance, axio, formerly known as Capital Float, has successfully raised $671 million in a funding round led by renowned investors including Elevation Capital, Sequoia India, Lightrock, Creation Investments Capital Management LLC, Ribbit Capital, and Amazon. As a registered Non-Banking Finance Company (NBFC) with the Reserve Bank of India, axio has been at the forefront of providing accessible financial solutions, offering services such as buy-now-pay-later (BNPL), credit options, and personal finance management tailored to meet the needs of all individuals. This substantial influx of capital will enable axio to further enhance its suite of innovative products and expand its outreach, particularly to under-served segments of the population who have been historically overlooked by traditional financial institutions. With a mission to make credit worthy for all, axio is committed to leveraging cutting-edge technology to empower millions with the financial tools they need to thrive. This funding not only underscores the confidence investors have in axio's vision and operational efficacy but also positions the company to accelerate growth initiatives, investment in technology, and expansion into new markets. As the company continues to build a seamless brand experience, the funding marks a pivotal step in its journey to redefine consumer finance in India, making it more inclusive and user-friendly for every individual, regardless of their financial background.
Empowering Financial Inclusion: Axio Raises $671M in Funding Round
Get the full Axio company profile
Access contacts, investors, buying signals & more
Other recently funded companies
View all
Veyond Metaverse
Veyond Metaverse, a trailblazer in AI+XR healthcare technology, is reshaping digital surgery with our advanced platform, Veyond Connect. We have achieved groundbreaking milestones, including conducting the world's first digital surgery that connected surgeons over 8,500 KM apart in September 2023. We are now gearing up to launch the historic 5D digital surgery in Q1 2024. Our platform leverages AI-driven natural language processing (NLP), dynamic digital twin engineering, AI computer vision, and immersive 3D digital surgery capabilities. This transformative technology is revolutionizing surgical procedures and digitizing operation rooms globally. We have also established state-of-the-art XR Operating Room Training Centers, asserting our leadership in 5D digital surgery and transforming surgical education. The adaptability of our technology across multiple devices, including smartphones, tablets, and VR headsets, ensures widespread accessibility and versatility. Committed to dismantling geographical and linguistic barriers, Veyond Metaverse is making advanced surgical care and education universally accessible. We continue to drive innovation in healthcare by standardizing the format of 3D and 5D real-time immersive digital surgery. The data derived from these innovative procedures will form the cornerstone for future advancements in AI-driven data analytics and big data.
$3.0M Seed
today
Reach Security
Reach – the AI-Native Security Controls Operating System – integrates with your existing security controls to identify blind spots across your defenses, prioritize fixes, automatically remediate misconfigurations and drift, and activate unused defensive capabilities. It continuously validates that security posture remains strong as your environment and threat landscape evolve. Founded in 2021 during a global pandemic that reshaped how organizations protect their workforce, Reach was built by security veterans from Palo Alto Networks and Proofpoint whose products have been trusted by tens of thousands of organizations. Today, Reach partners with leading security teams and world-class investors to realize a more secure world.
$20.0M Series a
today
OpenGamma
OpenGamma, a Trading Technologies company, is a derivatives analytics firm with unparalleled expertise in OTC and ETD margin methodologies. Our teams bring together a unique mix of practitioner, quantitative and software engineering expertise. Today, we are trusted by the largest and most sophisticated global banks and fund managers, with thousands of users depending on our analytics. Our product coverage spans across margin solutions (validating and optimising cleared and bilateral portfolios), UMR or SIMM processing and regulatory reporting. OpenGamma has on-boarded 90+ clients to our cloud-based solution including Tier One Investment Banks, Asset Managers, Commodity Firms and Hedge Funds – successfully delivering to these demanding organisations within committed timelines. To find out more information, or to watch our free demo video, visit opengamma.com.
$21.0M Series f
today
Karma
Restaurants using Karma see their average spend per head increase, while also gaining data on who their guests are in order to build stronger relationships and attract more repeat customers. And hey, did we say they reduce their foodwaste too?
$12.0M Series a
today
LicenciArte LATAM_#TopLatAmInventions to license
Unlock the exponential value of innovations LicenciArte has developed a unique intelligent technology that evaluates, calculates, and tracks the evolution of innovation portfolios based on patent-paper-venture-crowd knowledge-matching. Our value proposition empowers the scientific innovation creators (universities and R&D centers) to confidently streamline their higher-risk decision-making processes and shorten their timelines, thereby ensuring their edge over potential competitors in the market. Our clients obtain optimum ROI licensing/sell their technology applications improve exponentially based in our method. In addition, we have a strong collaboration with #IPwe Inc, the world’s first global patent market platform. Together we have built an effective bridge, connecting untapped and brilliant researchers with decision-makers make business opportunities from lab to market. To date, the MVP platform has evaluated over 100 innovations across Latin America and has successfully broadened the scope of protection, recommended new spheres of market application, and validated the technologies involved. David Hurtado, Founder/CEO, believes that unity leads us to success, and he’s driven by creating the most extensive patent pool possible, from Latin American inventions to licensing worldwide.
$2.5M Series a
today