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Bengaluru-based fintech startup Niro has shut operations due to regulatory challenges and lack of capital
Founded in 2021 by Kumar and Sankalp Mathur, Niro provided embedded credit solutions and allowed consumer businesses to embed customised credit offerings to drive revenue growth
Niro’s cofounder Aditya Kumar said that the startup had 170 Mn users at its peak and an AUM of $100 Mn in just over 24 months from its launch
Bengaluru-based fintech startup Niro
has shut…
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Bengaluru-based fintech startup Niro has shut operations due to regulatory challenges and lack of capital
Founded in 2021 by Kumar and Sankalp Mathur, Niro provided embedded credit solutions and allowed consumer businesses to embed customised credit offerings to drive revenue growth
Niro’s cofounder Aditya Kumar said that the startup had 170 Mn users at its peak and an AUM of $100 Mn in just over 24 months from its launch
Bengaluru-based fintech startup Niro has shut…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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