Bengaluru-based digital banking startup Niyo Solutions has acquired mutual funds distribution platform Goalwise in a mix of shares and cash deal. The company did not disclose the exact financial value of the acquisition. Through the acquisition, Niyo Solutions will foray into the direct mutual funds business, expanding its bouquet of offerings beyond prepaid cards and savings bank account. The founders of Goalwise will enter the former’s leadership team and bring its 25-member team into Niyo Wealth, which will run as a subsidiary entity within Niyo.