Home / Companies / Start Ups / Neobanking start-up Niyo raises $100 mn in Series C funding round

Neobanking start-up Niyo raises $100 mn in Series C funding round

This Series C round of funding was led by Accel & Lightrock India with participation from Beams Fintech Fund

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2 min read Last Updated : Feb 25 2022 | 12:27 AM IST

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 also participated in this round along with others.

The company has not disclosed its valuation in the round.

Niyo offers digital savings accounts and other banking services in partnership with banks. The company currently serves about 4 million customers across its banking and wealth management products with over 10,000 new users added daily to its platform.

The company will utilise the funds

Topics : Startup funding

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