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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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The idea of using AI to simplify processes like visa applications and train bookings shows how fintech can expand beyond traditional financial services.

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