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NIYO BANK
Neobank Fi Money’s cofounder Sumit Gwalani steps down after six yearsFi Money cofounder Sumit Gwalani has exited the startup. This follows the shutdown of Fi Money's banking service in March. The company is s...- Niyo acquires Kanji Forex; appoints Amit Talwar of IndusInd Bank as CEO of forex businessNiyo, which is backed by Accel, will look to offer forex products across foreign currency, forex cards, and outward remittances, which are ...
- Niyo gets strategic investment from Spring Marketing CapitalFounded in 2015, Niyo offers millennials savings and investment accounts through its Indian banking partners. The company is known for its ...
- Niyo raises $100 million in fresh funding led by Accel, LightrockNeobanking platform Niyo will use the proceeds from the current round to launch new products in the lending as well as insurance space. It ...
- Neobank Niyo acquires personal finance startup IndexNiyo neobank plans to integrate Index’s personal finance services to NiyoX—its newly launched savings and wealth platform—to extend to its ...
- Niyo plans to apply for mutual fund licence; aims to double user base by end of FY22Niyo had had last year announced the acquisition of Goalwise, an MF distribution platform. The company already distributes insurance polici...
- ICICI Bank ties up with Niyo to issue prepaid cards to MSMEsThe ‘ICICI Bank Niyo Bharat Payroll Card’ allows an individual to receive funds upto Rs 1 lakh into the card account.
- HDFC, ICICI Bank, SBI, among top-10 lenders in 2020; Google Pay, PhonePe top wallets: ReportBeyond the banking counterparts, one of the most muted sectors, insurance, also saw a massive shift in gears this year considering their ri...
- Digital banking platform Niyo acquires Goalwise in cash and stock dealThe Goalwise founding members will join Niyo’s leadership team and will be running Niyo Wealth as an independent vertical within Niyo.
- Fintech startups apply for NBFC licence as lending pays off bigSeveral fintech players say their growing expertise in underwriting loans through a stack of customer data can help them evolve into primar...
- EpiFi scores $13 million in its seed roundFunding tap is open for a host of ventures Sequoia Capital, Ribbit Capital, others pitch in.
- Tencent buys 10% of Policybazaar, enters India insurance marketTencent, known for its dominant WeChat messenger, has been an aggressive investor in Indian startups.
- Over 50% Indians now use credit, debit and prepaid cards for international travels: ReportIndian globetrotters spend most on duty-free shopping, electronics and jewellery.
- Matrix leads first funding round in neo bank YeloFunding tap is open for a host of new ventures.
- RBI's vision document on payment systems to spur digital economy: Fintech firmsCOO of Payworld Praveen Dhabhai said the vision document has a focus on empowering payment system providers and at the same time providing ...
- NiYO appoints heads of finance and engineering to strengthen its leadership teamWhile Kumar would be putting in place more robust financial and corporate systems at NiYO, Veeraraghavan would work on improving the techno...
- NiYO onboards ex banker Vineet Sethi as its chief marketing officerSethi comes into NiYO with around 15 years of expertise in the banking sector having managed sales across banks like ICICI Bank and Standar...
- How digitisation is easing the process of corporate payments for India IncA clutch of tech-enabled digital payments startups is trying to make life simpler for corporate India.
- NiYO Solutions raises $13 million plans rapid expansion across the countryThe round also saw the participation of its existing investor Prime Venture Partners which had invested $1million in the company last year.
- Banks now bank on fintech companies for more customersApart from increasing their customer bases and market shares, leveraging the tech innovation of startup partners has helped banks improve t...
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