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NIYO ACQUISITION
Peak XV alum’s fund; Snabbit, Scapia funding; Upgrad-Unacademy dealHappy Monday! Former Peak XV Partners executives have launched a new early-stage venture fund. This and more in today’s ETtech Morning Disp...
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 ...
8 things you must know before trusting your money to a digital neo bankEven though these fintech players use the popular suffix, bank, it does not mean they are anywhere close to being a bank in regulatory term...
ETtech Deals Digest: Princeton Digital, MediBuddy, Niyo raise fundsData centre company Princeton Digital Group (PDG), health-tech startup MediBuddy, Neobanking platform Niyo were among the startups that rai...
Data wiper hits Ukraine computers; edtech firms guarantee jobsHours before Russian President Vladimir Putin launched an invasion of Ukraine on Thursday morning, a destructive piece of software had alre...
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 ...
Tata Digital to add neobank to its 'super app' arsenalAfter bolstering its e-commerce offerings by acquiring BigBasket and 1mg, Tata Digital wants to offer financial services—including credit, ...
ETtech Deals Digest: A week of SaaS and Super App ambitionsTata Digital, a wholly owned subsidiary of India's largest conglomerate, wrapped up two startup deals this week, while Indian SaaS startups...
Tata Digital buys 1mg, Centre gets court notice on IT rulesFrom Tata Digital acquiring an online pharma startup to the government receiving a notice on IT rules and BharatPe's first acquisition, her...
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 ...
ETtech Exclusive: Amazon, Google and Visa are 'Open' to neo-bankingCompany may raise $100-120 million in new round, valuation may jump three times.
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...
2021: The year of hybrid banking, new players and even newer technologiesIn 2021, banks that take advantage of the efficiency, flexibility and convenience of digital banking will succeed.
Fintech startup Niyo rolls out ESOP buyback planThis programme announced today will benefit over 100 employees who have completed two years in the company.
Niyo rolls out salary hikes, bonuses, ESOPs to employeesThe company recently hosted Home-a-thon, a virtual hackathon event, to encourage employees to make the most of the lockdown and focus on in...
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.
Investors make a beeline for B2B fintech startupsInvestors are increasingly looking at getting the fundamental metrics right like profitability, unit level of economics, customer acquisiti...
Bankers, the frontline warriors in India’s coming fintech revolutionA number of senior bankers, armed with intimate understanding of strengths and weaknesses of traditional banking, are breaking new ground i...
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.
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...