Niyo
Latest round
- Series C
Last raised
- Feb 2022
Total raised
- $149M
Investors
- 9
About Niyo
Founded in 2015 in Bengaluru, India, Niyo, created by Vinay Bagri and Virender Bisht, specializes in digital financial solutions.Niyo offers a range of international payment solutions and travel-related services designed specifically for Indian residents. The company’s primary products include zero forex markup international debit and credit cards, which allow users to transact in foreign currencies without incurring extra fees. These cards feature real-time spending alerts, access to ATMs worldwide, and capabilities to book flights, secure visas, and obtain international travel insurance through the Niyo app.50. The company generates revenue through transaction fees associated with its international payment solutions and travel services, primarily from partnerships with banks like DCB Bank and SBM Bank, which issue co-branded cards. The company is working on launching new products aimed at improving user experience in cross-border transactions. Niyo also intends to target specific geographic regions for growth, details of which will be disclosed in upcoming strategic announcements.
Who invested in Niyo
9 investors across 4 rounds
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Questions about Niyo
Who invested in Niyo?
Niyo has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Niyo raised?
Niyo has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Niyo last raise money?
Niyo's most recent round on record is a Series C, in Feb 2022.
What does Niyo do?
Founded in 2015 in Bengaluru, India, Niyo, created by Vinay Bagri and Virender Bisht, specializes in digital financial solutions.
Where is Niyo headquartered?
Niyo is headquartered in Bengaluru, India.
Which VCs invest in companies like Niyo?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Niyo's stage. Their profiles are linked below.
VCs backing financial services startups at Series C
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