FOREX CARD

NiYO raises the fintech pitch by launching SME banking, global foreign exchange card – Business Regular


30-4-12 months-previous Lakhan Yadav, who earns Rs 15,000 a month, had an account with a nationalised lender but he struggled to keep a minimal equilibrium. When his SME employer presented him a zero-equilibrium, electronic salary account from a fintech start off-up in tie-up with a private lender, he was extra than satisfied.

He could download the application and transact in his native language or use its speech-enabled feature. Enabling this is the Bengaluru-primarily based electronic banking and fintech start off-up NiYO Options, which recently raised $35 million in Sequence B funding led by Horizons Ventures, Tencent and JS Cash …

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