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Niyo Solutions

An Indian fintech company based in Bengaluru, NIYO offers digital banking solutions such as multi-wallet tax benefit cards, prepaid payroll cards and travel payment debit cards for cross-border payments

   Enterprise Tech,Fintech

Basic Information

Bengaluru-based fintech startup NIYO founded in 2015 offers digital banking solutions such as prepaid payroll cards, cross-border travel payment debit cards and multi-wallet tax benefit cards to customers. The company has over 100000 employees spread across more than 30 cities in India. Products offered by Niyo include the Niyo Bharat card, which is a zero-balance account, Niyo taxsaver cards, and Niyo Global Accounts.Products offered by Niyo include the Niyo Bharat card, which is a zero-balance account, Niyo taxsaver cards, and Niyo Global Accounts.


Legal Name
:
Finnew Solutions Pvt Ltd
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
B2C, B2B2C
Founding Date
:
Nov 2015
No. of Employees
:
11 to 20
Core Team
:
VINAY BAGRI
Co-Founder
VIRENDER SINGH BISHT
Co-Founder

Target Market

B2C
,
B2B2C

B2B Company provides integrated payroll, salary banking and HRMS solutions to enterprises (SMEs) who employ blue-collared workers. B2C Company provide prepaid payroll cards along with a mobile app for blue-collared workers and a zero forex mark-up cross-border travel payment card for people who travel abroad Age: 35 to 45, More than 60, 26 to 34, 18 to 25, 46 to 60 Investors: 1. Social Capital 2. Tencent Holdings 3. PRIME VENTURES 4. JS CAPITAL 5. HORIZON VENTURES Total Funding: $49.2Million Revenue Stream: Commission on transaction Fee-For-Service

Client Segment
:
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:
Target Geography
:

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