{"id":6128,"date":"2022-03-19T09:00:02","date_gmt":"2022-03-19T03:30:02","guid":{"rendered":"https:\/\/aayushbhaskar.com\/?p=6128"},"modified":"2022-04-18T07:42:54","modified_gmt":"2022-04-18T02:12:54","slug":"niyo-india","status":"publish","type":"post","link":"https:\/\/aayushbhaskar.com\/niyo-india\/","title":{"rendered":"Niyo & NiyoX Review – Everything You Need to Know","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

How many of you would have been told by your parents to go to the bank and deposit money in your bank account? <\/span><\/p>\n

Yes, I can hear you saying “why?”. <\/span><\/p>\n

Technology and innovations in Banking have changed our lives and they\u2019re all shaking up the worlds of money and tech, redefining how we interact with one another financially. <\/span><\/p>\n

And it\u2019s barely even begun.<\/span><\/p>\n

Banks and financial institutions are gearing up for the next generation of digital customers by adopting new technologies, such as AI, machine learning, blockchain, and chatbots.<\/span><\/p>\n

For this purpose, they are partnering with FinTech startups to explore new and innovative ways of improving the customer experience.<\/span><\/p>\n

In this article, I am going to review all the products offered by Niyo Solutions Inc. – India\u2019s leading Fintech, which is making banking simpler and smarter by placing your bank account, investments, and payment cards in one place.<\/span><\/p>\n

About Niyo<\/span><\/strong><\/h3>\n

Year of inception<\/em><\/strong>: 2015<\/span><\/p>\n

Founders<\/em><\/strong>: Vinay Bagri and Virender Singh Bisht<\/span><\/p>\n

Top Investors<\/em><\/strong>: Tencent, Social Capital, Horizon Ventures, Prime Ventures Partners, and JS Capital<\/span><\/p>\n

No. of Customers<\/em><\/strong>: More than 1.5 Million Customers<\/span><\/p>\n

Products<\/em><\/strong>:\u00a0<\/span>NiyoX<\/span><\/a>,\u00a0<\/span>Niyo Global<\/span><\/a>,\u00a0<\/span>Niyo Bharat<\/span><\/a>,\u00a0<\/span>Niyo Money<\/span><\/a>\u00a0<\/span><\/p>\n

I’ve checked all the amazing products from Niyo. <\/span><\/p>\n

Here’s my review of Niyo and NiyoX plus other fintech products they offer.<\/span><\/p>\n

NiyoX<\/span><\/strong><\/a>\u00a0 \u00a0(Also known as NiyoX-Equitas)<\/span><\/strong><\/h2>\n

\"\"<\/p>\n

As a millennial myself, I know how annoying it can be when you want to open a bank account, but you have to choose between going to a bank branch in person or using the slow-moving mobile App. <\/span><\/p>\n

We aren’t happy with the banking system. We complain that it is too expensive, too slow, and doesn’t offer enough convenient options.<\/span><\/p>\n

Niyo partnered with Equitas Small Finance Bank to create NiyoX – a Neobank.<\/a><\/span><\/p>\n

NiyoX is trying to solve those problems by providing a 2-in-1 Neobank account that takes care of both your savings and investments. <\/span><\/p>\n

It offers a Bank Account with zero commissions on mutual funds<\/a> and up to 7% interest per annum on savings.<\/span><\/p>\n

Here are the best features of the NiyoX Account:<\/strong><\/p>\n