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Amazon, Flipkart set sights on small loans space
Financial Express Ahmedabad
|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.
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