capital float

Founded in 2013 as Capital Float, the company initially focused on providing digital financial solutions to underserved small and medium-sized enterprises (SMEs) in India. Over the years, it expanded its portfolio to include consumer finance, partnering with numerous online platforms to offer checkout financing and personal credit lines. In 2022, after acquiring the personal finance management app Walnut, the company consolidated its consumer-facing operations and rebranded to "axio". Today, axio leverages technology to provide a suite of credit products, including BNPL, personal loans, and money management tools, aiming to make credit more accessible and convenient for Indian consumers. The legal entity remains CapFloat Financial Services Private Limited, which is a registered Non-Banking Financial Company (NBFC) with the Reserve Bank of India.