Tencent, Horizons Ventures Lead $35 Mn Round In Neo-Banking Startup NiYO

Date posted: Wednesday 10 July 2019

Bengaluru-based neo-banking startup NiYO Solutions has raised $35 Mn in a Series B funding round. The investment was led by Horizons Ventures and Tencent. Existing investor JS Capital also participated in the funding round. The company plans to use the funding to accelerate the development and rollout of new product offerings. It will also use funds to amplify distribution and marketing.

(Inc42)