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Amazon, Flipkart set sights on small loans space
Financial Express Hyderabad
|November 29, 2025
E-commerce giants working on BNPL, other credit products
AMAZON IS PREPARING to offer loans to small businesses in India, while Walmart-owned Flipkart is looking at buy-now, pay-later (BNPL) products as the e-commerce giants take on the country's banks with a push into financial products.
Amazon acquired Ben-galuru-based non-bank lender Axio earlier this year. Currently focused on BNPL and personal loans, Axio will reembark on offering credit for small businesses and start offering cash management solutions.
This story is from the November 29, 2025 edition of Financial Express Hyderabad.
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