Current Affairs · Mergers and Acquisitions
In September 2025, Amazon completed its acquisition of fintech startup Axio (formerly Capital Float) for around USD 200 million. What primary regulatory/operational asset did Amazon secure in the Indian market through this deal?
- 1An existing Non-Banking Financial Company (NBFC) license✓
- 2Exclusive e-commerce digital wallet distribution rights
- 3A full commercial retail banking license from the RBI
- 4An active fintech credit card co-branding license
Correct answer
An existing Non-Banking Financial Company (NBFC) license
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