ICICI Bank: Ties up with Niyo to issue prepaid cards to MSMEs

  • ICICI Bank Ltd leading private sector bank in India the Bank’s consolidated total assets stood at ₹14,76,014 crore
  • Niyo digital banking fintech conceptualized in 2015 currently operates in 4 major business lines
  • ICICI Bank and Niyo, new-age fintech announce a tie-up to issue prepaid cards to workers of Micro, Small & Medium Enterprises
  • Partnership with ICICI bank a milestone in the journey to provide best in class service to the underbanked blue-collar segment
  • The partnership creates an opportunity to provide all banking services to this segment across the length and breadth of the country
  • Niyo provides an integrated solution comprising a digital account in addition to the Bharat mobile app
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

City of London Police Launches Fraud Reporting Service

New service aims to streamline fraud reporting for victims in London.Highlights: City of London Police introduces a dedicated...

Workplace Finance Provider Stream Secures $90 Million Funding Boost

The investment aims to enhance services for employees and businesses.Highlights: Stream raises $90 million in Series C funding.Investment...

MPS Criticizes Regulators for Overlooking Financial AI Risks

Calls for expedited regulatory measures to address emerging AI challenges.Highlights: MPS expresses concern over financial AI risks.Regulators urged...

Lloyds Launches AI Academy to Enhance Staff Skills

New initiative aims to equip employees with essential AI competencies.Highlights: Lloyds launches AI Academy for staff skills enhancement.The...