Fintech startup in digital banking Niyo bought Index, a personal finance firm located in Bengaluru

Niyo wants to include Index's personal financial tracking tools into its products, particularly NiyoX, giving consumers a 360-degree picture of their wages, savings, investments, and insurances in one place. After purchasing Goalwise in mid-2020, this is Niyo's second purchase. NiyoX received approximately 200,000 new user accounts in the first two months after its inception and launched a 2-in-1 savings and wealth account.