Friday, 15 August

Friday, 15 August2025

Niyo Acquires Kanji Forex, Appoints Banking Veteran Amit Talwar as CEO of New Forex Business

Niyo Acquires Kanji Forex, Appoints Banking Veteran Amit Talwar as CEO of New Forex Business
Travel fintech platform Niyo, via parent Finnew Solutions, has acquired one of Indias oldest money changers, Kanji Forex (est. 1935), to build out its forex arm. Theyve appointed seasoned banker Amit Talwarformerly EVP at IndusInd Bank and with ICICI Group experienceas CEO of the new unit, branded Niyo Forex (Powered by Kanji Forex Pvt Ltd). The move expands Niyos offering to include FX cash, cards, and outward remittances, alongside plans to grow its physical and B2B network.

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