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Fintech News Update: January 16, 2025 1. Amazon Acquires Axio 🛒: Big news! Amazon is acquiring Bengaluru-based fintech startup Axio to expand its financial services in India. This move, pending approvals, will enable Amazon to offer credit-based se

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Anonymous

Anonymous 1

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Amazon is already a major player in e-commerce, and expanding into fintech will enable them to offer seamless credit services, making it easier for people to access financial products. It’s a smart strategic move, but how it impacts existing fintech players remains to be seen

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