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FINTECH PLATFORM NIYO
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 ...- Early-stage VC firm Prime Venture closes fifth fund at $100 millionPrime is an investor in fintech startups like digital lending startup Freo (previously Moneytap), forex card distributor Niyo, community ma...
- 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 ...
- ETtech Explainer: how are fintechs impacted by RBI’s ban on SBM Bank's forex transactionsOver half a dozen fintech companies and several offline players that had active partnerships with the bank have reportedly been impacted by...
- Multiple fintechs impacted with RBI’s order against SBM IndiaPeople aware of the development said at least seven or eight fintechs have been impacted by RBI’s move to stop LRS transaction on SBM India...
- Open gets RBI nod for payment aggregator licenceEarlier this year, Open also received a go-ahead from the RBI for its new cross-border payments product after completing the test phase of ...
- ETtech Deals Digest: Niyo bagged the biggest potEka Care and Fitterfly were the other startups who raised moderate amounts this week.
- Multiples Alternate Asset Management invests $30 million in fintech platform NiyoNiyo had raised $100 million in its Series C round from Accel and Lightrock India in February. It has raised $180 million so far, including...
- PayU makes slew of leadership appointmentsThe firm's existing senior executive Mohit Gopal will take on a new position as the chief operating officer, while Sudhir Sehgal has been e...
- IIFL Finance charts up neo-banking foray, makes Open unicorn with new investmentThe company issued a press statement later in the day saying it had become the 100th Indian unicorn, or those privately held companies with...
- Beams Fintech Fund rakes in Rs 270 cr in first close of its maiden roundThe VC-backed firm has made it big within 3 months of its official launch.
- 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...
- Over 50% of Indians now recharge phones onlineAt Reliance Jio, the share of online recharges increased to 50% in the December quarter from 35% in the March quarter, after having touched...
- 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...
- API platform Yap scoops up Rs 10 crore in angel funding from top investorsAlso participating in the startup’s maiden funding round are Vikram Chachra, founding partner of early-stage venture capital firm 8i Ventur...
- 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...
- Oracle selects first five startups for accelerator programme in IndiaThe finalised startups will get mentorship from Oracle and industry experts and 24x7 access to a co-working space within Oracle’s premises
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