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

Data Leak Accelerates After Telco Refuses Ransom Payment

Hackers leak sensitive customer data amidst failed ransom negotiations.Highlights: Hackers released customer data after telco declined ransom payment.Sensitive...

Revolut Strengthens Operations by Achieving Full UK Banking Licence

The fintech firm can now offer a wider range of banking services.Highlights: Revolut receives full banking licence from...

Mastercard Strengthens Crypto Partner Programme with Big Name Signings

New partnerships aim to expand Mastercard's influence in the cryptocurrency sector.Highlights: Mastercard signs major crypto firms to its...

Ripple Strengthens Market Position with BC Payments Acquisition

Acquisition enhances Ripple's offerings in Australia and provides AFSL licence.Highlights: Ripple acquires BC Payments to enhance its Australian...