Niyo | Pixr8 News

Jul 28, 2020: Digital banking fintech startup Niyo has acquired mutual funds investment platform Goalwise in a cash-and-stock deal to expand its product offering, a release said on Tuesday. The Bengaluru-based company did not disclose the financial value of the acquisition. "Niyo co-founders Vinay Bagri (CEO) and Virender Bisht (CTO) have picked up majority stakes in the start-up, along with Niyo, in a cash-and-stock deal for an undisclosed amount," the release said. The Goalwise founding members will join Niyo''s leadership team and will be running Niyo Wealth as an independent vertical within Niyo, it added. The COVID-19 pandemic has significantly increased the demand for digital banking and related services. The release further said the acquisition is in line with Niyo''...

Technology is everywhere, and it's been disrupting various industries including banking. While people used to go to physical banks to manage their finances, request loans and transfer funds, nowadays, all these can be done in just a few clicks. But aside from streamlining the way people deal with their money, fintech startups are effectively changing the way we bank for good. InstaReM highlighted that fintech is third when it comes to having the highest number of unicorns or privately held startup companies valued at over $1 billion following internet software services and e-commerce. Here are some of the startups that are effectively changing the way we bank: Revolut Managing your finances, when every bank account has its own app, can be a little overwhelming and confusing. Hai...

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Niyo acquires wealth-tech startup Goalwise

4 Startups That Want to Change How We Bank for Good