
NIYO is a Bengaluru based fintech startup that offers digital banking solutions such as prepaid payroll cards, cross-border travel payment debit cards and multi-wallet tax benefit cards to customers.
NIYO is a Bengaluru based fintech startup that offers digital banking solutions such as prepaid payroll cards, cross-border travel payment debit cards and multi-wallet tax benefit cards to customers. Founded in 2015, NIYO operates as a neo-bank or challenger bank and offers digital banking products and services through partnerships with banks. Niyo is present in more than 30 cities across India with an employee strength of over 10000 across different cities. Niyo has a retail customer base of over 1.3 million and enterprise customer base of over 6000. The company's products include the Niyo Bharat card which is a zero-balance account, a Niyo taxsaver card and Niyo Global Account.
2015
Nov | Company Incorporation
Incorporation of the company
2016
Sep | Product Launch
Launch of NIYO Benefits Card Product
2017
Jan | Product Launch
Launch of NIYO Bharat Product
2018
Sep | Product Launch
Launch of NIYO Global Card
2019
Jul | Raised Funding
Raised Series B funding round
B2B
We provide integrated payroll, salary banking and HRMS solutions to enterprises (SMEs) who employ blue-collared workers
Client Segment
:
FinTech,
SaaS
Target Companies
:
Small Enterprise,
Medium Enterprise
Target Geography
:
B2C
We provide prepaid payroll cards along with mobile app for blue-collared workers and a zero forex mark-up cross border travel payment card for people who travel abroad
User Age
:
35 to 45,
More than 60,
26 to 34,
18 to 25,
46 to 60
User Income
:
Upper-middle Income,
High Income,
Lower-middle Income,
Lower Income
Location
:
Mobicule Technologies, the Mumbai-based BFSI fintech company specializing in full stack phygital debt collection and recovery platform, has been a trusted partner to India's banking and financial services sector for over 18 years. Incorporated in September 2008 and headquartered in Andheri, Mumbai, the company began as a pioneer in mobile field force technology, with some of the country's largest mobile field force deployments across sales and distribution, telecom, and BFSI. It has evolved over nearly two decades into a focused specialist, orchestrating complete debt recovery lifecycles from the first digital nudge to final legal resolution. Mobicule's approach centers on the ""phygital"" model, a deliberate blend of digital technology, human contact centre and field presence designed to make collections faster and fully compliant without eroding customer relationships.
Frequently Asked Questions
Mobicule Technologies, the Mumbai-based BFSI fintech company specializing in full stack phygital debt collection and recovery platform, has been a trusted partner to India's banking and financial services sector for over 18 years. Incorporated in September 2008 and headquartered in Andheri, Mumbai, the company began as a pioneer in mobile field force technology, with some of the country's largest mobile field force deployments across sales and distribution, telecom, and BFSI. It has evolved over nearly two decades into a focused specialist, orchestrating complete debt recovery lifecycles from the first digital nudge to final legal resolution. Mobicule's approach centers on the ""phygital"" model, a deliberate blend of digital technology, human contact centre and field presence designed to make collections faster and fully compliant without eroding customer relationships.