niyo in A Sentence
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Niyo is digitizing the entire employee payroll and benefits value chain, making the process easier and more transparent for employers and employees alike.
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Fintech startup Niyo helps salaried employees access company benefits and other financial services, and now it has raised $13.2 million to offer its services to more of the country.
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Niyo was launched in July 2015 and since then has already clocked in more than 3000 corporates and is being used by over 5 Lakh salaried employees in these organizations.
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Niyo was launched in July 2015 and since then has already clocked in more than 3000 corporates and is being used by over 5 lakh salaried employees in these organisations.
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While some startups such as Open and Niyo are operating“neo banks” to help blue-collar workers access financial services, many big names like Paytm and Ola have launched their own credit cards.
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With the Niyo Global Travel Card, the overseas travellers will effectively have no need for the usual multi-currency forex cards or travellers' cheques- all the while making international transactions cost-effective across 150-plus countries and 35 million merchants worldwide.
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Niyo's user acquisition is method is via the companies it signs up- 90 percent of staff typically sign-up per company brought on, according to Bagri- and through bank partners YES Bank and DCB Bank which also distribute its service.
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With the Niyo Global Travel Card in their pocket, overseas travellers will effectively have no need for the usual multi-currency forex cards or travellers' cheques- all the while making international transactions cost-effective across 150-plus countries and 35 million merchants worldwide.
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With the Niyo Global Travel Card in her pocket, the overseas traveller will effectively have no need for the usual multi-currency forex cards or travellers' cheques- all the while making international transactions cost-effective across 150-plus countries and 35 million merchants worldwide.
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