Press Release5 Apr 2024, 01:29 pm
Niyogin Fintech Ltd Announces 3x Growth in 'Year of Growth' for Q4 & FY2024
AI Summary
Niyogin Fintech Limited, a publicly listed fintech platform, has reported significant growth in all its businesses for the year ended March 31, 2024. The 'Banking as a Service' business experienced a 3x increase in volumes and the launch of new products brought promising prospects. Lending AUM also witnessed an increase. However, the numbers mentioned in the press release are provisional and subject to approval.
Key Highlights
- Niyogin Fintech Ltd reported a 3x growth in its 'Banking as a Service' business during the financial year 2023-2024.
- The firm's lending AUM also saw an increase.
- New products were launched in 2024 and prospects are positive for these offerings.
- Volumes in the 'Banking as a Service' business nearly tripled.