Neobanking startup Niyo raises $100 Mn led by Accel and Lightrock
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Consumer neo-banking platform Niyo has raised $100 million in its Series C round led by Accel and Lightrock India with participation from Beams Fintech Fund. Existing investors Prime Venture Partners, JS Capital have also participated in this round. The fresh proceeds have come after a gap of more than 30 months for the Bengaluru-based company which had raised $35 million in Series B round from Horizons Ventures, Tencent and others in July 2019.