Neobank NiYo attracts funding from Spring Marketing Capital

Spring Marketing Capital has invested in Bengaluru-headquatered neobank startup NiYo. Spring will also support the company in partnership projects, marketing campaigns, and overall brand strategy. The Vinay Bagri and Virender Bisht co-founded NiYo focuses on the "travel banking" niche. Niyo's flagship product, Niyo Global, provides financial services for foreign travellers.