Tencent has contributed to a $35m series B round for Niyo Solutions, the operator of a mobile bank that gives blue collar workers access to financial services.

India-based fintech developer Niyo Solutions has obtained $35m in a series B round backed by internet group Tencent, TechCrunch reported yesterday. Horizons Ventures and JS Capital filled out the round, which brought Niyo’s total funding to $49.2m. Niyo Solutions operates a mobile bank that relies on established financial institutions – Yes Bank and DCB Bank…

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