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Niyo $100M Series C to Propel Neobank’s India Offerings

February 24, 2022 @ 10:49 pm By Tony Zerucha |

Indian consumer neobank Niyo has raised $100 million in its Series C round of funding, the company announced today. The funds are earmarked for product development, marketing, distribution, and staffing. This round was led by Accel and Lightrock India with participation from Beams Fintech Fund. Existing investors Prime… Read More

Read more in: Asia, Fintech | Tagged anand daniel, Ashish Garg, digital banking, india, neobank, niyo, series c, vinay bagri

Neobank Niyo Partners National Corporation of India to Enable Greater Financial Inclusion with New Employee Payroll App

February 27, 2020 @ 9:48 pm By Omar Faridi |

Neobank Niyo has partnered with National Payments Corporation of India (NPCI) in order to promote greater financial inclusion. Niyo will work with NPCI to provide modern financial services to more than five million blue-collar workers in India by 2022. Niyo offers an employee payroll solution,… Read More

Read more in: Asia, Fintech | Tagged india, National Payments Corporation of India, NPCI, vinay bagri

India-Based Fintech NiYO Secures $13.2 million Through Series A Funding Round to Drive Payroll & Benefits Platform Expansion

January 10, 2018 @ 10:51 am By Samantha Hurst |

India-based fintech NiYO announced on Wednesday it secured $13.2 million (85 crore) during its Series A funding round to drive the continued expansion of its payroll and benefits platform in India. The investment was made by Social Capital, JS Capital LLc (the family office of Jonathan Soros),… Read More