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NIYO NEOBANK
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...- Neobank Fi Money shuts down banking servicesThe neobanking startup, which is backed by Peak XV Partners and Alpha Wave Capital, was offering banking services in partnership with Keral...
- 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 ...
- 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...
- Consumer neo-banking platform Niyo appoints Jagadish B as head of HRJagadish brings with him 25+ years of leadership experience in people processes. In his previous stint, he was associated with Thinksynq So...
- 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...
- Neobank Open turns unicorn after $50 million funding led by IIFLOpen, going forward, will use the new capital and IIFL Finance’s strategic expertise to build out a lending business, people aware of the p...
- Traditional banks are using neobanks to reach out to tech-savvy customers: reportAccording to the Redseer report, collaboration benefits both, giving neobanks a strong footing and traditional banks access to young custom...
- Beams Fund to invest $150-200 mn in growth stage-focused fintech companies over the next few yearsThe $100 mn fund proposes to invest $ 8-10 million in Series B and C rounds of fintech companies.
- 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 ...
- Neobanking startup Open raises $100 million from Temasek, Google, othersPost this funding, Open is now valued at $500 million compared to around $150 million in a previous funding round.
- Explained: Neobanks, the next evolution of bankingMany might confuse neobanks with digital banks. Both are similar in that they offer banking services through smartphones and other devices....
- Exclusive: Neobank Jupiter raises $45 million from Brazil's Nubank, othersJitendra Gupta's Jupiter is among several Indian fintech startups—including Open, EpiFi, Razorpay and Niyo—that have entered into the nasce...
- 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, ...
- 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...
- 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.
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