Niyo funding, investors and company details

Niyo is an emerging Financial Services - Fintech - Payments startup from Bengaluru, working in the space of Offering digital payment solutions, multi-pocket cards, mobile apps, payroll-linked accounts,. Founded by Vinay Bagri, Virender Bisht.

Company: Finnew Solutions Private Limited.
Sector: Financial Services - Fintech - Payments
Location: Bengaluru
Founders: Vinay Bagri, Virender Bisht
Total funding raised: ₹992.92 Cr

Company overview

Finnew Solutions Private Limited (dba Niyo) is a Bengaluru-headquartered fintech incorporated on November 23, 2015 (CIN: U74900KA2015PTC084275), founded by Vinay Bagri and Virender Singh Bisht.It operates as a neobanking and wealthtech platform (goniyo.com), offering digital payment solutions, multi-pocket cards, mobile apps, payroll-linked accounts, mutual fund investments, forex services, and employee benefits in partnership with banks like DCB—serving 1000+ corporates and 3L+ salaried users with integrated wallets for seamless onboarding and transactions. Niyo aims to boost cash flow for salaried individuals via technology-driven payroll, benefits, online payments, wealth management, and neo-banking tools, simplifying travel/finance while revolutionizing banking through digital innovation for 6M+ users.

Funding rounds

Latest round: Undisclosed Amount, 2023-10-20. Investors: Spring Marketing Capital
Past round: $ 30.00 Mn (₹238.02 Cr.), 2022-07-20. Investors: Multiples Alternate Asset Management Private Limited
Past round (Series C): $ 100.00 Mn (₹754.90 Cr.), 2022-02-24. Investors: Accel, Lightrock, Prime Venture Partners, Beams Fintech Fund, JS Capital