Moneycontrol PRO
you are here: HomeNewsNiyo
Jump to
  • Neobanking platform Niyo rolls out second ESOP buyback plan Sep 15, 2022 03:31 PM IST

    Neobanking platform Niyo rolls out second ESOP buyback plan

    In April 2022, Niyo granted about Rs 40 crore of ESOP value to its employees in its annual appraisal.

  • Equitas Small Finance Bank plans a super app, double down on fintech ties Aug 01, 2022 07:38 AM IST

    Equitas Small Finance Bank plans a super app, double down on fintech ties

    The bank is looking to double its current and savings account deposits in the next six months by leveraging its digital capabilities.

  • PE firm Multiples invests $30 million in neobanking platform Niyo Jul 19, 2022 05:55 PM IST

    PE firm Multiples invests $30 million in neobanking platform Niyo

    Niyo will use the funds to expand its product offerings by adding more consumer-focused products such as credit cards, remittances, loans, etc

  • Freo starts offering savings account with Equitas Small Finance Bank Jun 21, 2022 04:04 PM IST

    Freo starts offering savings account with Equitas Small Finance Bank

    Freo’s move is opposite of that to its peers in the consumer neobanking platform space like Jupiter, Fi, Niyo, and others. These players began by offering savings accounts in partnership with banks and are now foraying into lending.

  • Exclusive | Niyo in talks to raise $100-150 million, to also acquire lending platform Smartcoin Jun 20, 2022 10:11 AM IST

    Exclusive | Niyo in talks to raise $100-150 million, to also acquire lending platform Smartcoin

    The planned fundraise is said to fetch the company a valuation of $500 million and is likely to be led by private equity firm Multiples.

  • What is SBM Bank India's fintech-first strategy? Mar 10, 2022 08:45 PM IST

    What is SBM Bank India's fintech-first strategy?

  • How Federal, Equitas Small Finance, RBL and SBM Bank India are riding the bank-fintech partnership wave Mar 07, 2022 10:26 AM IST

    How Federal, Equitas Small Finance, RBL and SBM Bank India are riding the bank-fintech partnership wave

    These banks are expanding their digital presence with a branch-lite, distribution heavy model. With a strong digital presence through fintechs, the banks are looking to serve the next set of digital customers.

  • Niyo raises $100 million led by Accel, Lightrock; to focus on lending next Feb 24, 2022 12:36 PM IST

    Niyo raises $100 million led by Accel, Lightrock; to focus on lending next

    The fundraise comes almost three years after Niyo's Series B round in July 2019. The company plans to begin lending and insurance offerings in the coming year.

  • NiyoX launches ‘Invest the Change’, allows users to convert spare change into investment Sep 21, 2021 02:01 PM IST

    NiyoX launches ‘Invest the Change’, allows users to convert spare change into investment

    The new feature allows the users to round up all their spends (food order, cab fares, subscriptions, fund transfers, etc.) made with NiyoX to the next 10, 50, or 100 and invest the spare change into a mutual fund of their choice.

  • Niyo to acquire Bengaluru-based personal finance startup Index Jun 10, 2021 03:24 PM IST

    Niyo to acquire Bengaluru-based personal finance startup Index

    This is Niyo’s second acquisition after acquiring Goldwise around mid-2020.

  • ICICI Bank to issue prepaid cards to MSMEs in collaboration with Niyo Jan 14, 2021 01:20 PM IST

    ICICI Bank to issue prepaid cards to MSMEs in collaboration with Niyo

    MSMEs can load the cards with the salary of a worker, who can then use it seamlessly for any transaction as per need.

  • Digital India: Meal vouchers to soon be available in form of cards, e-wallets Apr 24, 2017 12:24 PM IST

    Digital India: Meal vouchers to soon be available in form of cards, e-wallets

    Meal coupons in paper format will need to issue electronic forming or cards before December 31, 2017. RBI also said that maximum value of PPIs cannot exceed Rs 1,00,000.