BankingPartnership

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
Previous article
Moneyhub: Collaborates with Aon
Next article
TraceAir: Raises $3.5M in Series A Funding
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

FinTech

Regulators Brief Banks on Anthropic Cyber Risk Amid Growing Concerns

Regulatory bodies emphasize urgent risks from Anthropic's AI developments.Highlights: Regulators issue warnings about Anthropic's AI-related cyber risks.Financial institutions...
FinTech

GoCardless Achieves Profitability in First Quarter

Fintech company GoCardless reports a significant financial milestone.Highlights: GoCardless has posted its first profitable quarter.The fintech company reported...
FinTech

AI Fintech Startup Round Raises $6 Million to Accelerate Growth

Funding will enhance AI-driven financial solutions for consumers.Highlights: AI fintech startup raises $6 million in funding.Investment aimed at...
FinTech

Wise Strengthens US Presence by Shifting Primary Listing

The fintech firm moves its primary share listing to the United States.Highlights: Wise to change primary listing from...