The Capital Float BNPL app is now part of the Axio Group which certainly seems to be a good move with significant financial backing. The parent group has a strong presence, 15 million customers served, 4.5 million credit customers and 3000 enabled merchants. As you might have guessed, the Capital Float BNPL fits in perfectly with the company’s forward-looking model. Using existing connections, Capital Float’s buy now pay later app is available across leading brands in fashion, electronics, lifestyle, travel and more. Axio Group has also added an additional degree of flexibility allowing customers to extend purchase repayments above and beyond the traditional interest free period. Interesting times!
Company name: Capital Float
Website: http://capitalfloat.com/
Target market: Merchants
Founded: 2013
Founders: Gaurav Hinduja, Sashank Rishyasringa
Funds raised: $200m
Location: Bangalore, Karnataka, India
Type of company: Private
Status: Active (now part of Axio Group)
Contact email: info@capitalfloat.com
