Business

Niyo’s Game-Changer Move: Acquires Forex Giant Kanji, Names Banking Veteran Amit Talwar as CEO — Here’s Why This Matters for Indian Travelers

Niyo’s Game-Changer Move: Acquires Forex Giant Kanji, Names Banking Veteran Amit Talwar as CEO — Here’s Why This Matters for Indian Travelers



Travel Fintech Shakeup! Niyo Snaps Up Kanji Forex and Taps Banking Legend Amit Talwar to Supercharge Cross-Border Payments

In a bold move set to disrupt India’s forex and travel fintech space, Niyo has just acquired the iconic Kanji Forex—a company with almost 90 years of legacy in foreign currency services. But that’s not all. Niyo has also brought onboard banking heavyweight Amit Talwar as CEO to lead its newly minted forex powerhouse.

If you’re an Indian traveler, student, or professional who deals with cross-border payments, this news could redefine your entire forex experience. Here’s why.


Why Kanji Forex? The 1935 Legend Joins the Digital Revolution

Kanji Forex isn’t just any forex company — it’s one of India’s oldest and most trusted foreign exchange providers, serving banks and customers since 1935. Now, with Niyo’s backing and digital muscle, Kanji is gearing up for a major expansion across India.

  • More physical touchpoints for forex needs
  • Robust B2B partnerships to widen reach
  • Integrated offline + digital services for maximum convenience

Meet Amit Talwar — The Man Powering Niyo Forex’s Next Leap

Bringing 27+ years of banking expertise, Amit Talwar’s resume reads like a fintech playbook.

  • Former IndusInd Bank leader spearheading blockchain and global remittances
  • Veteran ICICI Bank executive with experience across India and UK markets
  • Known for driving cutting-edge transaction banking solutions

Under Talwar’s stewardship, Niyo Forex is poised to innovate faster and serve customers better—especially in the competitive world of foreign exchange.


What This Means for You: The Ultimate Forex Experience for Indian Travelers

Niyo’s acquisition of Kanji Forex means a full-stack forex offering under one roof, including:

  • FX cash and cards for seamless travel spending
  • Easy and secure outward remittances for students, professionals, and NRIs
  • A hybrid offline-online platform combining Kanji’s trusted presence with Niyo’s digital-first approach

With an AD Category 2 license allowing this comprehensive service portfolio, Niyo is set to become your go-to global banking platform.


The Bigger Picture: Niyo’s Vision to Rule the Global Banking Space

This isn’t just about forex. The acquisition and leadership changes underscore Niyo’s ambition to build a one-stop global banking ecosystem for Indians venturing abroad—whether for travel, education, or work.

If you thought cross-border payments were complicated and costly, get ready for a slick, streamlined, and transparent new era.




Related posts
Business

Luma AI Scores $900 Million to Build Next-Gen Multimodal AGI — Could This Be the Future of Humanity?

Luma AI Lands $900 Million in Massive Funding Round AI startup Luma AI, which is developing…
Read more
Business

CtrlB Raises $2.5M to Revolutionize Data Observability — Enterprises Could Never See Data Like This Before

CtrlB Secures $2.5 Million in Seed Funding Unified data platform CtrlB has raised $2.5 million in a…
Read more
Business

AgroStar Scores $30 Million Boost to Revolutionize Farming with AI and Omnichannel Expansion

Agritech Startup AgroStar Raises $30 Million Pune-based agritech startup AgroStar has raised $30…
Read more
Newsletter
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you.