Thursday, February 24, 2022

India-based Niyo, which provides digital savings accounts and other banking services, raises a $100M Series C led by Accel and Lightrock India (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
India-based Niyo, which provides digital savings accounts and other banking services, raises a $100M Series C led by Accel and Lightrock India  —  India's Niyo has raised $100 million in a new financing round as the consumer-facing neobank platform looks to add lending and other features …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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