# Niyo Solutions Inc.: Financial services, Bengaluru, India

> Niyo Solutions Inc.: Niyo Solutions Inc., known as Niyo, is a prominent Indian fintech company that specializes in digital banking solutions.

Source: https://millionrounds.com/startup/niyo-solutions-inc (Millionrounds; every figure on the page links to its filing or article)

India · [Financial services startup](https://millionrounds.com/companies)

# Niyo Solutions Inc.

Niyo Solutions Inc., known as Niyo, is a prominent Indian fintech company that specializes in digital banking solutions.

Funding reported Last round: Undisclosed round

Financial services Bengaluru, India

Company summary

- **Founded:** 2015 11 years old
- **Team:** 700 201 to 1,000 people
- **Funding reported:** 179.3M as listed, currency not stated
- **Last round:** Undisclosed round Oct 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Niyo Solutions Inc. has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Niyo Solutions Inc.

Niyo Solutions Inc., known as Niyo, is a prominent Indian fintech company that specializes in digital banking solutions.

Founded in 2015 by Vinay Bagri and Virender Bisht, Niyo aims to simplify banking for individuals, businesses, and blue-collar workers. The company is headquartered in Bengaluru, Karnataka, and has a presence across over 20 states and union territories in India. Niyo offers a range of products, including Zero Forex debit and credit cards that help users save on international transactions, payroll and benefits accounts for salaried individuals, and a multilingual digital banking platform tailored for blue-collar workers. Additionally, Niyo provides wealth management, investment options, and corporate banking solutions. With over 6 million users, Niyo is committed to making finance more accessible and efficient through technology.

## What company datasets say Niyo Solutions Inc. raised

Funding, as reported

Reported in all **179.3M** in the source's currency

Rounds **6**

Last round **Undisclosed round**

Last round date **Oct 2023**

Investors listed **11**

## On a portfolio page

Investors who name them

- [Prime Venture Partners](https://millionrounds.com/fund/prime-venture-partners)

Each firm lists Niyo Solutions Inc. on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

atm withdrawals user experience international payments employee payroll foreign transaction fee mobile apps digital payments payroll cards payroll benefit management payroll benefit cards card safety features reserve international banking payment automation debit card seamless transactions

Built with from their website

Google Cloud Dialogflow Docker Google Tag Manager Canva Tableau WordPress.org AWS Trusted Advisor Atlassian PWA Clarity SDM

+8 more

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- **Sector:** Financial services
- **Industry code:** NAICS 52232, 522110, SIC 6021, 6029
- **Region:** Karnataka
- **Revenue:** 16M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/niyo-solutions)

## Financial services in India

Startups like it

- [**KreditBee** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/kreditbee)
- [**CoinDCX** Mumbai · founded 2018 *Raised*](https://millionrounds.com/company/coindcx)
- [**Navi** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/navi)
- [**Scapia** Bengaluru · founded 2022 *Raised*](https://millionrounds.com/company/scapia)
- [**Khatabook** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/khatabook)
- [**KredX** Bengaluru · founded 2015 *Raised*](https://millionrounds.com/company/kredx)
- [**Turtlemint** Mumbai · founded 2015 *Raised*](https://millionrounds.com/company/turtlemint)
- [**Upstox** Mumbai · founded 2009 *Raised*](https://millionrounds.com/company/upstox)

## Is this your company?

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