Tuesday, 31 March

Tuesday, 31 March2026

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

By Isha
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 India’s oldest money changers, Kanji Forex (est. 1935), to build out its forex arm. They’ve appointed seasoned banker Amit Talwar—formerly EVP at IndusInd Bank and with ICICI Group experience—as CEO of the new unit, branded Niyo Forex (Powered by Kanji Forex Pvt Ltd). The move expands Niyo’s offering to include FX cash, cards, and outward remittances, alongside plans to grow its physical and B2B network.

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