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
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
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
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