Funding
Niyo Solutions raises $13.2 million Series A
By Startup Enthusiast ·
- Date
- Company
- Niyo
- What it does
- Neobank raises first big round
- Kind
- Funding
- Amount
- $13.2 million
- Stage
- Series A
- Based in
- Bengaluru
- Founded
- 2015
What they do
Niyo Solutions, a young digital banking startup, closed a Series A round worth $13.2 million in early 2018
What happened
Social Capital, the Silicon Valley fund, took part along with the family office of Jonathan Soros through JS Capital
Why it matters
Horizons Ventures and earlier backer Prime Venture Partners also joined, giving the startup money to grow its banking app for young salaried users
The details
- Niyo Solutions raised $13.2 million in a Series A round (an early growth round after the first seed money).
- Social Capital was a new investor.
- The family office of Jonathan Soros, JS Capital, put in money.
- Horizons Ventures and existing backer Prime Venture Partners also took part.
Investors
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