| Date | Title | Description |
| 03.09.2026 | Capital India Finance’s RemitX forex business to be acquired by Niyo | Niyo, a travel fintech platform located in Bengaluru, has reached a deal to buy Capital India Finance’s foreign and international operations, which are marketed under the RemitX name.
RemitX’s branch network, distribution partners, staff, a... |
| 01.09.2026 | Niyo To Acquire Capital India’s RemitX Forex Business For ₹11.4 Cr | SUMMARY
Fintech startup Niyo has signed a definitive agreement to acquire the forex and cross-border business of Capital India Finance, operated under the RemitX brand.
The acquisition will give digital-first Niyo an established offline dis... |
| 01.09.2026 | Fintech startup Niyo to acquire RemitX forex assets for Rs 11.4 crore, add 32-branch network | Bengaluru-based travel fintech Niyo has agreed to acquire certain assets of Capital India Finance's RemitX foreign exchange business for Rs 11.4 crore, expanding its physical presence in India's cross-border payments market.
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| 02.08.2026 | ‘I don’t want to miss out’: Why India’s youth are choosing debt over savings | Listen
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MUMBAI: Until quite recently, Vaishakh Sudhakaran was burdened with debts. Without any savings to fall back on after the company he was working for sh... |
| 06.05.2026 | Forex Card Frauds Are Rising! Here’s How Travellers Can Protect Their Money Abroad | Share
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India’s rapid digital adoption and surge in outbound travel have created a parallel rise in financial vulnerabilities. As more travellers rely on digital payment tools such as forex and international cards, fra... |
| 22.01.2026 | Are Forex Cards a Smart Choice for Indian Students Studying Abroad? | Share
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Studying abroad is a dream come true for many Indian students, but managing money in a new country can be intimidating. Between opening a local bank account, keeping track of expenses, and handling fluctuating ... |
| 23.10.2025 | Neobanking Soonicorn Niyo Cuts FY25 Net Loss by 55% To INR 78 Cr | SUMMARY
Niyo Global slashed its FY25 net loss by about 55% to INR 77.8 Cr from INR 143.5 Cr loss incurred in the previous fiscal year
The improvement in the bottom line is in line with a hefty uptick in the startup’s operating revenue in th... |
| 14.08.2025 | Niyo Expands Forex Operations with Kanji Forex Acquisition and Leadership Appointment Niyo has appointed veteran banker Amit Talwar as CEO of Niyo Forex (Powered by Kanji Forex Pvt Ltd). | Niyo, a travel fintech platform focused on cross-border payments and travel banking for Indian travellers, has expanded its presence in the foreign exchange market through the acquisition of Kanji Forex.
The move is accompanied by the appoi... |
| 24.04.2025 | Accel names new partners; Ideaspring hires a Chiratae exec | Accel's Pratik Agarwal and Rachit Parekh
Global venture capital firm Accel has elevated two executives to the rank of partners while Indian early-stage investor Ideaspring Capital has hired a former Chiratae Ventures executive as a partner.... |
| 23.04.2025 | Accel Elevates Pratik Agarwal, Rachit Parekh To The Role Of Partner | SUMMARY
The promotion comes at a time when Accel is deepening its presence across the globe and is focussing on emerging technologies like GenAI
Agarwal is a board member of startups like Credgenics, Fashinza, Citymall, Spyne and Nymble, as... |
| 16.10.2024 | The Shifting Sands of Investment: Private Credit and Chinese Stocks | In the world of finance, change is the only constant. Recently, two significant trends have emerged: the rise of private credit in India and the cautious approach of investors towards Chinese stocks. Both narratives reflect the intricate da... |
| 15.10.2024 | Multiples PE enters private credit, ropes in former Deutsche Bank exec | Rahul Chawla, managing director, Multiples PE
Mumbai-based private equity firm Multiples Alternate Asset Management, led by Renuka Ramnath, has become the newest entrants to the private credit market as the Vastu Housing Finance-backer Tues... |
| 06.08.2024 | Jupiter supported by Peak XV expands ESOP pool | The employee stock option plan (ESOP) pool at Neobanking platform Jupiter has been increased by Rs 40 crore, or almost $5 million. By doing this, the company has joined a growing group of late-stage and growth businesses that have increased... |
| 12.05.2024 | The Cross-Border Banker: Virender Bisht, Co-founder and CTO, Niyo FY23 has been phenomenal for Bisht and the startup as its revenue surged 2.8X to INR 139 crore | - |
| 02.05.2024 | Exclusive: No-code platform Plotline bags seed to make data-driven, dynamic apps | As enterprises race to drive customer engagement to boost revenues, Plotline, a young startup from California, is solving the challenge with another approach: data-driven dynamic app experiences. The company today announced $2.6 million in ... |
| 25.04.2024 | 47% of Indian women face challenges in getting credit: Tide report | - |
| 15.04.2024 | Zero Forex Card vs. Debit Card: Security, Accessibility, and Features Compared | Share
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At the heart of travel planning is the choice between a Forex Card and an International Debit Card. The key difference? A Forex Card isn’t tied to a bank account, offering a layer of financial separation, while... |
| 20.07.2022 | Niyo Raises $30 Million From Multiples Alternate Asset Management | - |
| 19.07.2022 | Indian neobank startup Niyo raises $30m from PE firm Multiples | Indian fintech firm Niyo Solutions has raised $30 million from PE firm Multiples Alternate Asset Management, less than five months after securing $100 million, the neo banking platform said on Tuesday.
While Niyo had not disclosed its valua... |
| 19.07.2022 | Multiples Alternate Asset Management invests $30 million in fintech platform Niyo | Consumer-focused fintech platform Niyo has raised $30 million from private equity firm Multiples Alternate Asset Management.
Niyo had raised $100 million in its Series C round from
Accel and Lightrock India in February. It has raised $180 m... |
| 19.07.2022 | Niyo Raises $30 Million From Multiples Alternate Asset Management The funds will be utilized to expand product capabilities and increase the customer base through organic and inorganic opportunities | - |
| 19.07.2022 | PE firm Multiples invests $30 mn in Niyo | Consumer neo banking company Niyo, operated by Finnew Solutions, has raised $30 million (around Rs 240 crore) from homegrown private equity firm Multiples Alternate Asset Management, the company said on Tuesday.
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| 19.07.2022 | Neobanking Startup Niyo Raises $30 Mn For Brand Building, Expanding Product Suite | Niyo will use the fresh capital to expand product capabilities and widen its customer base
In February this year, Niyo raised $100 Mn from investors including Accel, Lightrock India, Beams Fintech Fund, and JS Capital
It offers digital savi... |
| 19.07.2022 | PE firm Multiples invests $30 million in neobanking platform Niyo | Niyo co-founders Virender Bisht (CTO) and Vinay Bagri (CEO).
Multiples Alternate Asset Management has invested $30 million in neobanking platform Niyo to expand the startup's product capabilities and increase the customer base through organ... |
| 25.02.2022 | Neobanking start-up Niyo raises $100 mn in Series C funding round | Neobanking start-up Niyo has raised $100 million in its Series C round of funding. This round of funding was led by Accel and Lightrock India with participation from Beams Fintech Fund. Existing investors Prime Venture Partners, JS Capital ... |
| 25.02.2022 | Indian neobank Niyo lands $100m Series C to boost product development | Indian neobank Niyo has raised $100 million in a Series C funding round.
The fintech is based in Mumbai
The round was led by Accel and Lightrock India and saw participation from new investor Beams Fintech Fund and existing investors Prime V... |
| 25.02.2022 | Niyo banks $100M Series C | Niyo has raised $100 million in a round co-led by Accel and Lightrock. Founded in 2015, the Bengaluru-based company provides digital savings accounts and other banking services to roughly 4 million customers.
View round |
| 25.02.2022 | Indian neobank Niyo raises $100m | Indian neo-banking platform Niyo has raised $100 million in a Series C funding round led by Accel and Lightrock India.
Niyo has about four million customers for its banking and wealth management products, which are offered in partnership wi... |
| 25.02.2022 | Niyo raises US$100 million in Series C round led by Accel and Lightrock | Will be using the funds to accelerate mission to make banking easier for 30 million users
MUMBAI, India, Feb. 25, 2022 /PRNewswire/ -- Niyo, the consumer neo-banking platform, has raised $100 million in its Series C round of funding. The co... |
| 24.02.2022 | Niyo Raises US$100M in Series C Funding | Niyo, a Mumbai, India-based consumer neo-banking platform, raised $100m in Series C funding.
The round was led by Accel and Lightrock India with participation from Beams Fintech Fund as well as existing investors Prime Venture Partners, and... |
| 24.02.2022 | Neobanking startup Niyo raises $100 Mn led by Accel and Lightrock | Consumer neo-banking platform Niyo has raised $100 million in its Series C round led by Accel and Lightrock India with participation from Beams Fintech Fund. Existing investors Prime Venture Partners, JS Capital have also participated in th... |
| 24.02.2022 | Bengaluru-based Neobank Startup Niyo Bags USD 100 Mn In Its Series-C Round Led by Accel and Lightrock India | Bengaluru-based neobank startup Niyo has raised $100 Mn in its Series C round led by Accel and Lightrock India. The fresh round further saw participation from Beams Fintech Fund, in participation with Prime Venture Partners, and JS Capital ... |
| 24.02.2022 | Niyo raises $100 million in fresh funding led by Accel, Lightrock | ETtechNiyo cofounders (L to R) : Virender Bisht (CTO) and Vinay Bagri (CEO)
Bengaluru: Neobanking platform, Niyo, on Thursday said that it has raised $100 million as a part of its new funding round, led by Accel and Lightrock India.
The rou... |
| 24.02.2022 | Neobanking Platform Niyo Raises $100 Million In Fresh Funding | Niyo Solutions, a neobanking platform, has raised $100 million as a part of its new funding round led by Accel and Lightrock India. Beams Fintech Fund and Existing investors Prime Venture Partners, JS Capital, also participated in this roun... |
| 24.02.2022 | Neobanking start-up Niyo raises $100 mn in Series C funding round | Neobanking start-up Niyo has raised $100 million in its Series C round of funding. This round of funding was led by Accel and Lightrock India with participation from Beams Fintech Fund. Existing investors Prime Venture Partners, JS Capital ... |
| 24.02.2022 | Niyo Raises US$100 Million in Series C Round Led By Accel and Lightrock | ~Will be using the funds to accelerate mission to make banking easier for 30 million users~
Niyo, the consumer neo-banking platform, has raised $100 million in its Series C round of funding. The company will be using the funds to accelerate... |
| 23.02.2022 | Indian neobank Niyo raises $100 million, tops 4 million customers | India’s Niyo has raised $100 million in a new financing round as the consumer-facing neobank platform looks to add lending and insurance to its offerings and make deeper inroads in the world’s second largest internet market.
Accel and Light... |
| 14.01.2021 | ICICI bank ties up with Niyo to issue prepaid cards to MSME workers | ICICI Bank, a leading private sector bank in India and Niyo, a new age fintech announced a tie-up to issue prepaid cards to Micro, Small & Medium Enterprises (MSMEs) workers. MSMEs will now be able to get ‘ICICI Bank Niyo Bharat Payroll... |
| 30.12.2020 | High-Stakes: Prime Venture Partners | High-Stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights about the portfolio of companies they’ve invested in, exit strategies, industries they focus on, qualitie... |
| 29.07.2020 | India's Neo-banking fintech start-up Niyo acquires wealthtech start-up Goalwise | BENGALURU, India, July 29, 2020 /PRNewswire/ -- In a bid to expand its product offering to the millennials, Niyo, India's leading and fastest growing Neo-bank has acquired Goalwise, a new-age mutual funds investment platform.
The COVID-19 p... |
| 29.07.2020 | Niyo acquires Goalwise | Bengaluru: Niyo, India’s leading and fastest growing Neo-bank has acquired Goalwise, a new-age mutual funds investment platform.
The COVID-19 pandemic has significantly increased the demand for digital banking and related services. Niyo is ... |
| 01.01.2020 | Digital-First, Challenger Banks in Asia | Asia’s banking landscape is on the verge of a major transformation as regulators introduce new rules to open up the market and welcome new digital-only, challenger banks.
The following list aims to provide a comprehensive overview of Asia’s... |
| 11.07.2019 | Tencent leads Indian fintech company NiYo Solutions’s USD 35 million Series B round | Bangalore-headquartered digital banking provider NiYo Solutions announced Wednesday in a press release that it has raised USD 35 million in a Series B funding round led by Chinese tech giant Tencent and Horizons Ventures.
JS Capital, which ... |
| 10.07.2019 | Top tech startup news for today, Wednesday, July 10, 2019 | Good morning! Below are some of the top tech startup news for today, Wednesday, July 10, 2019.
Facebook’s head of Libra crypto project seeks help from governments and regulators to properly launch its Cryptocurrency. David Marcus, Facebook... |
| 09.07.2019 | India’s NiYO ‘neo-bank’ raises $35M to help blue-collar workers access financial services | NiYO Solutions, a Bangalore-based “neo-bank” that helps salaried employees and blue-collar workers access company benefits and other financial services, has raised $35 million in a new funding round to expand its business in the nation and ... |
| 09.07.2019 | NiYO Raises US$35M in Series B Funding | NiYO Solutions, a Bengaluru, India-based new-age digital banking startup, raised US$35m in Series B funding.
Backers included:
– Horizons Ventures,
– Tencent, and
– existing investor JS Capital.
The company, which had previously raised US$ ... |
| 11.01.2018 | Term Sheet — Thursday, January 11 | NEWS OF THE DAY
Good morning, Term Sheet readers.
Paid Content How can you protect what you can't see? From ExtraHop
NEW INVESTMENT: Hyundai has invested in Singapore-based ride-hailing firm Grab, Uber’s biggest ride-hailing rival in Southe... |
| 10.01.2018 | NiYO Solutions Raises $13.2M in Series A Funding | NiYO Solutions Inc., a Bangalore, India-based fintech startup for salaried employees, raised $13.2m (85 crore) in Series A funding.
The investment was made by Social Capital, JS Capital LLc (the family office of Jonathan Soros), and Horizon... |
| 10.01.2018 | NiYO raises $13.2M to digitize payroll and employee benefits in India | Fintech startup NiYO helps salaried employees access company benefits and other financial services, and now it has raised $13.2 million to offer its services to more of the country.
Founded in 2015, NiYO partners with companies (employers) ... |
| - | Niyo raises $100 million in Series C round | Consumer neo-banking platform Niyo has raised $100 million in its Series C round of funding.
This round of funding was led by Accel and Lightrock India with participation from Beams Fintech Fund. Existing investors Prime Venture Partners, J... |
| - | Neobanking Firm Niyo Acquires Personal Finance App Index | Neo-banking firm Niyo has acquired personal finance startup Index for an undisclosed amount. Niyo will integrate Index’s personal finance tracking features into its products, especially NiyoX.
According to their website, NiyoX is a zero bal... |
| - | Indian neobank Niyo raises $100m | Indian neo-banking platform Niyo has raised $100 million in a Series C funding round led by Accel and Lightrock India.
Niyo has about four million customers for its banking and wealth management products, which are offered in partnership wi... |
| - | Multiples Alternate Asset invests $30 million in Niyo | Multiples Alternate Asset Management (Multiples), a private equity platform, has invested $30 million in Niyo, a consumer-focused fintech platform.
The funds will be utilised to expand product capabilities and increase the customer base thr... |
| - | Consumer Neo-Banking Company Niyo Raises $100 Million | Consumer neo-banking platform Niyo recently announced that it raised $100 million in Series C funding. These are the details.
Niyo — a consumer neo-banking platform — announced recently that it has raised $100 million in its Series C round ... |
| - | Neobanking startup Niyo raises $30M from Multiples Alternate Asset Management | Neobanking platform NIYO SOLUTIONS on Tuesday said it has raised $30 million from Mumbai-based private equity firm, Multiples Alternate Asset Management Pvt Ltd.
Avendus Capital was the financial advisor on the transaction.
The startup ha... |
| - | Niyo raises $100 million Series C round from Accel and Lightrock | A consumer neo-banking platform, Niyo has raised $100 million in its Series C round of funding from Accel and Lightrock India along with the participation of Beams Fintech Fund, Prime Venture Partners, and JS Capital among others.
Niyo offe... |
