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Niyo partnered with Equitas SFB and Visa

Published on March 27, 2021
Current Context: The Digital banking fintech firm, Niyo has partnered with Equitas Small Finance Bank and Visa to launch NiyoX.
Niyo partnered with Equitas SFB and Visa
  • The NiyoX is a mobile banking solution for millennials.
  • The NiyoX has launched a new type of zero balance saving account with an interest rate of 3.5% upto Rs 1 lakhs and 7% on incremental amounts above Rs 1 lakhs.
  • This NiyoX digital account can be utilised in two ways i.e. using it as an online saving account or using it as a Wealth Management Account.
  • It is thus a 2 in 1 type of account i.e. Savings Account and Wealth Account.
  • Static Part: 
    • HQ of Equitas Small Finance Bank: Chennai, TN

Question: 

Q.1 In partnership with whom Niyo launched NiyoX banking account?
a. Equitas Small Finance Bank
b. RBL Bank
c. Bandhan Bank
d. Ujjivan Small Finance Bank
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